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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: Brad Griffin who wrote (740)2/24/1998 10:39:00 PM
From: Madpinto  Read Replies (2) | Respond to of 2241
 
I believe you can easily make a living with this conservative option strategy.
Covered call writing has many of the same risks as selling naked puts. You have limited upside potential and virtually unlimited (until the stock reaches zero) downside risk. It would be hard for me to call this strategy conservative.



To: Brad Griffin who wrote (740)3/1/1998 7:27:00 PM
From: Dan Courtemanche  Read Replies (1) | Respond to of 2241
 
Brad,

Thanks for the comments. I'll check out that web page you suggested re: covered calls.

Dan


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