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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?


To: Thehammer who wrote (2225)1/21/2021 9:31:38 PM
From: robert b furman  Read Replies (2) | Respond to of 2591
 
Hi Hammer,

Me too.

I've had the first covered calls I've ever sold called.

I thought it was at great money.

25% cash. Never been there ever.

Market is and has been extended.

I've expired a lot and not resold.

If it tops out here, I'm glad and in good shape.

If it continues, I'll slowly scale out and be smiling.

Bull markets can go long and I want a piece of it.

If it collapses, I'll have a nice average.

Very much cross currents as two different views from our leaders.

We'll see to what effect they have, if at all.

Bob