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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (31467)5/1/2012 5:38:35 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223035
 
On the ETF covered calls, you're right about that, but one could always simply write naked calls and benefit from that kind of erosion...

And yes, there is always a sell point every day, but they're so far away from the market... for example, for today, we would need a close below 1361.50 to confirm a sell signal, not too likely unless this market crashes all of a sudden...

GZ