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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: Senator949 who wrote (8147)8/9/1998 12:19:00 PM
From: Herm  Read Replies (1) | Respond to of 14162
 
Hi Robin,

Remember that feeling in the pit of your stomach when placing a trade when everything seems to be going down the tubes! That paradoxical illogical event is EXACTLY when you should be making your pre-meditated moves according to the W.I.N. CCing approach. It crazy since your brain takes over and tells your "ohhhhh no!" You must take control of those emotions. After the second time, you should feel right at home. Especially, when you see the results. when You did good Robin and NAILED it on the money! Wow, you racked in some heavy premies! The serious money start those panics and the novice filled with fear of losing their money will quickly feel the pain without any ideas of how to exploit the situation and drop out!

I hope you are going to pick up some CHEAP CPQ PUTs with those CC premies. That will allow you to actually make good money as CPQ cycles downward as normal. No stock ever continues to rise without a downward cycling. The BB and RSI tell the whole story!