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


To: Mike Buckley who wrote (4892)4/14/2007 11:13:30 AM
From: Uncle Frank  Read Replies (1) | Respond to of 5205
 
>> It's interesting that Jerome's primary strategy is a buy/write. He buys the stock at the low end of its trading channel and immediately writes the call at the next higher strike price one or two months out. That's a little different from the strategy most folks seem to be discussing in this (the dummy) thread.

Interesting. It's not the classic covered call, and it's not the classic buy/write. Maybe that's why he wanted a forum dedicated to his unique approach.

duf