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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: NateC who wrote (9723)2/24/1999 7:54:00 AM
From: Herm  Read Replies (3) | Respond to of 14162
 
If I had the extra margin I would short against the box. Otherwise,
write CCs at the money LEAPs and buy loads of cheap lower strike
PUTs as your sideshow. That way, the CCer is paying for your downside insurance.