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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: Daniel Liberty who wrote (8033)8/2/1998 5:17:00 PM
From: Herm  Read Replies (1) | Respond to of 14162
 
Welcome Daniel,

I would follow the CCing W.I.N. game plan. when the price increases and tags the upper BB and RSI peaks write those CCs at or in the money and sit back and do nothing as the price withdraws. That "I" "W" "N". Feel confident and want a little more $ gusto then take the CC premies and load up on CHEAP PUTs.

The CCs will be your parachute for your stock price and the PUTs will be $$ gravy compliments of your CC buyers.