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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: Douglas Webb who wrote (7786)6/28/1998 7:24:00 PM
From: Herm  Read Replies (1) | Respond to of 14162
 
Thanks for the update on the Kagi and TLB charts for BTGC. I have come to believe (thanks to Steve The PUT Man) that PUTs at certain times are a life saver. Prices rarely gap up as much (and as high) as they gap downward (and continue to go down for such as long time) in this market.

I really don't mind if the way to make a good returns is to buy PUTs and sell deep in the money CCs to past the risk onto the CC buyers. What is critical is finding better and easier indicators to apply as investors. We all need to pool our respective knowledge and experience to perfect our system rather than depending on our hunches, itches, or feelings which can and does cloud our judgement in the face of all the hints.

Thanks for all your contributions Doug.