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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (5833)	11/13/2013 11:32:52 AM
From: wilywilly	Respond to of 5891

I write calls against virtually all stocks in my portfolio. I hold a diversified collection of Dividend Champions for income purposes, intend to hold them forever, and don't care if the share prices drop as long as the dividend payouts continue to grow. I write calls for extra income, not for downside protection. I also own some high flyers (AAPL, GOOG, etc) and learned the hard way to not write covered calls against them, unless I wish to see them get called away - much too volatile. Here is the discussion forum for the dividend payers: Subject 56874