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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (545)2/27/1999 4:15:00 AM
From: LindyBill  Read Replies (1) | Respond to of 54805
 
What is the downside to doing this every month and adding 72% to my portfolio annually?
Hey, you tell me, you are doing damn well at it! Obviously, if you guess wrong, you lose your bet, but you haven't been doing that lately.



To: Uncle Frank who wrote (545)2/27/1999 2:08:00 PM
From: Brian K Crawford  Respond to of 54805
 
Dear Uncle, re: your covered calls.

I have been wondering the same thing: what's so bad about a sure 72% added income on a core long position, if what you are giving up is the POTENTIAL future appreciation beyond the strike price.

Sure works sweet in a sideways market.

Brian