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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 (7102)3/18/1998 9:42:00 PM
From: Roger Louis  Read Replies (1) | Respond to of 14162
 
Herm ...Thanks for the reply. I have CPQ in a Keogh account and am only able to write CCs. At least I don't have to worry about a margin call and since I don't need the money now, I am able to wait for CPQ to come back. I would like to write calls on the way back up, but I don't want to get caught in a gap move up and lose the stock below my nut. Since I am limited in the Keogh, I think I'll close my position and wait for a rebound.

Thanks Again,
Roger



To: Herm who wrote (7102)3/18/1998 11:58:00 PM
From: Damon Owens  Read Replies (4) | Respond to of 14162
 
Herm,

Glad I found this site! I just found about option investing about a two weeks ago and I have been investigating nonstop ever since. I am CHOMPING at the bits to get started investing but don't know what exactly to do. I am sure that you have heard this message a thousand times now and I do plan to catch up on as many of the past messages that I can. However, I do have one question. I learned about covered calls through a book entitled, Wall Street Money Machine, by Wade Cook. Mr. Cook offers a three day seminar at very steep price, for me anyway, and I am wondering if you have heard of the course? If so, is it worth it? Is there any other means to get hands on training other than through this seminar? I mean I am starting at ground zero and I want to get up to speed quickly.

Thanks for any assistance,

Damon