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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: Herm who wrote (8885)10/25/1998 9:03:00 PM
From: the options strategist  Read Replies (2) | Respond to of 14162
 
Herm, I brought FORE to you with a question that you graciously answered. I thought you bought a leap on fore also.

Scott, I got FORE when you did (around the time) and I'm going to follow your strategy tomorrow. I too am currently taking profits when I get them. Thanks.

Jen



To: Herm who wrote (8885)10/27/1998 6:32:00 PM
From: yaumi  Read Replies (2) | Respond to of 14162
 
"A great many stocks were ready to take off from the severe hammering over the
past two or three months. It is impossible to play them all. What I have been trying
to do is open reader's eyes to the mechanics of W.I.N.S. so that they can adapt their
trading styles. That is, if they even have a trading approach."

Hi Herm,

Let me add my appreciation to your leadership and helpfulness in this forum. You have a great attitude.

I'm trying to understand as much as I can about CCing. I've read over 1000 of the nearly 9000 posts on this forum and printed out for study a 2 inch stack of posts.

I bought PSQL at 7.88 on 10/19, 300 shares as you recommend, planning on doing CC's. I sold the stock today at 9.69 figuring that was good enough.

If the plan is to find a good stock moving off the lower BB, wait til it increases in price in order to get a good premium on the CCs, why not just sell the stock and take the profit?? What am I missing here?

Yaumi