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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 (9990)	3/20/1999 5:08:00 PM
From: Tom K.	Read Replies (2) \| Respond to of 14162

Sounds like another PowerPoint presentation you think? If the idea is to evolve a package of strategies for option trading, then yes, another presentation on the approach of sell LEAP puts -> Buy Stock -> Sell CC's might be helpful to people. However, it's really just another of the many tools in the vast tool bag that you often speak about. And I would consider this one to be more aligned to an income producing strategy as opposed to a growth strategy. What I've found for myself is to first decide what my objectives are. In my case it is cash flow... I will take early retirement end of this year and I am working on various strategies that will sustain me. Therefore, my tools are specifically oriented toward short term cash generation. This governs what approaches I'll consider. As an example, doing a covered combination seems a bit longer term to get the return so I have discounted that strategy, even though it appears to be quite a good one with probably a better overall return then I make. Long term straddles on selected issues also appears good. You asked a sort question and I'm giving a long answer, but it seems that there are a lot of strategies that could be prepared and published. My suggestion would be to approach it from the standpoint of what is the objective you have and then here are some key option strategies that you can pursue. Just my view, but hope this is helpful. Tom