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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: RCVJr who wrote (5843)11/13/1997 1:10:00 AM
From: jermoney  Read Replies (1) | Respond to of 14162
 
Being in the market is risky. Selling cc is one of
the more conservative moves to make. If the stock
takes off ^ you can role up for a greater profit.
good luck jerry



To: RCVJr who wrote (5843)11/13/1997 4:22:00 AM
From: RCVJr  Read Replies (1) | Respond to of 14162
 
There is good article in December's edition of Bloomberg on "Repairing Broken Stocks". It involves buying one "at-the-money" call for every 100 shares and selling twice as many "out-of-the-money" calls with a strike price out near your NUT. The article isn't on line yet that I could find so stop by your local library and browse through it. Certainly applicable during this time!



To: RCVJr who wrote (5843)11/13/1997 9:24:00 AM
From: Herm  Respond to of 14162
 
If you have enough margin left you can ride it out! Otherwise, you can either sell off some stock or write CCs. I'm leaning towards CCing after small price rallys.