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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: Kalman who wrote (9740)2/24/1999 9:12:00 PM
From: Herm  Respond to of 14162
 
It is a neutral transaction that can be adjusted as needed. Examples, sell the long position and allow the short position to continue to appreciate or buy even more short shares as the price decreases. I guess the point is that many investors hang on to a stock too long and give back all their profits.