Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: LemurHouse who wrote (4212)	4/16/2004 4:40:29 PM
From: Jon Khymn	Read Replies (2) \| Respond to of 5205

there is no free lunch in writing covered calls. Andrew, did I ever say writing calls are risk free cash cow? I don't know why so many of you guys think I'm writing calls assuming there are no risk... I've mentioned few times already, YES there are BIG risks but I think they are manageable. Yes, if RMBS file BK tomorrow, I'll be in deep doodoo... as easy as you seem to be conveying Again, if I sounded too easy, I'm sorry but that was not my intention. "Higher the return, higher the risk" I'm looking for average 33% return annually, so I am willing to take that much risk. Regards, Jon