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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: virgil vancleave who wrote (8086)	8/4/1998 9:03:00 PM
From: Vol	Respond to of 14162

Re: Covered Puts Did it once and it worked for me. Better to just be short on days like this. A week ago I thought about selling some way OTM naked calls on AMZN and others. Wish I had. (Although suprise, suprise, AMZN went up today! Just can't figure that one out.) When the market tanks like today, I humor myself by searching out posts of our old friend from Mars, The Bald One. Usually has some great sob stories on days like these. Plus, you can bet he's been short AMZN since it was in the 30's.... Vol P.S. From Baldy today: How can I have a nice day when the market is tanking Lost another grand on this WCAP ... You know that WCAP, I think I am the only one with that luck ... You know when I entered my order on WCAP, the default of the order is buy (they have that frigging bullet on 'buy') and I am supposed to short 1K, and I forget to change that frigging bullet, so my order of sell became a buy, instead of making 9K, I am losing 9K ... I think when your luck is bad, there is really nothing you can do ... The frigging kitechen is flooded, George Michael is around the corner, market is tanking, portfolio is vaporizing ... I guess the only one in this country that is in worse shape than I am is my buddy president Billy ...