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To: aniela who wrote (47610)4/8/2003 12:37:10 AM
From: BWAC  Read Replies (1) | Respond to of 53068
 
Usually when I am selling calls, I try to sell near term months. Not the Leaps. You might initially get more for the Leaps, but over the long run might come out with more by selling a Call each month and repeating.

Why Leaps for covered calls? Safety of the extra time premium giving you more downside protection? Don't intend to trade that often? Transaction costs?