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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: Herm who wrote (6589)1/27/1998 8:12:00 PM
From: Dave Triplett  Read Replies (1) | Respond to of 14162
 
I'm a novice and wish to thank all who contribute to this thread. Working with an IRA is like swimming with one hand tied behind your back. I bought 1000 IOM at 12.875 and watched while over the weekend it droped to betwen 8 and 9. I can only sell calls in an IRA so what do I do. Sell and take a loss, write 10 CC's or wait a while to see where the options go?.