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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: Chuck Molinary who wrote (7984)7/28/1998 2:42:00 PM
From: Daniel Liberty  Respond to of 14162
 
Chuck, Thanks for the response on Phillip Morris. I have held this stock in my portfolio for sometime and it has done nothing except it does pay good dividends. I thought I might get some income out of it by selling covered calls.

The dividend gives it some downside protection but the political climate has been a serious black cloud. It has shown some strength lately, though.

I'm reading a lot about options and will move slowly.

Good luck,
Dan