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.

Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Doug Gallian who wrote (3968)	12/22/1997 11:22:00 AM
From: jan_mike	Read Replies (1) \| Respond to of 11708

Doug (offtopic) - I have been looking at CC writing more and more for the last 6 months. It seems even more attractive while the market fluctuates. I still have money on trying to hit one out, but I am starting to shift more towards the slow and steady. I haven't had the opportunity to write a call against something that went ballistic yet, but I think I have steeled myself to ignore it. As long as I make my cut, I won't begrudge the lottery winner. Over time, my sales from the tickets should return more on average than the call (ticket) buyers made. I gave my wife a current example of the return last night, and she was incredulous. She thinks it sounds like a scheme or something. As in "If it works that well, why doesn't everybody do it?". My analysis - not sexy enough for the traders, too complicated for rookies, too much churn for buy-hold guys. Hope to take my CSMA zillions and use them largely for that purpose some day. Regards, Mike