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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 (10060)3/24/1999 8:24:00 PM
From: David Wright  Respond to of 14162
 
Herm,

Ah! A key point that I missed completely when I studied WINs...buy the stock at the low, then hold off on the CC until the stock price moves up to the upper BB! Sell it then, and take a put position after the stock reverses with the proceeds from the CC! Sure seems obvious now. Dang...got it reversed a bit.

Oh well, wish me luck on the long call position. I may need it!

Thanks...I sure have a long way to go on fundamentals analysis. I only partially understood what you said there. No need to respond to that. It's what the books are for. Appreciate the help.

How about my venture into MWL on Tuesday?



To: Herm who wrote (10060)3/25/1999 10:38:00 AM
From: phillip  Read Replies (1) | Respond to of 14162
 
Herm,

Have you made any headway on the Harrison Roth LEAPS book you got several days ago? I ordered mine several days after you and am anxiously waiting.

I started to do a covered LEAP/CC on NEM, buying the Jan01 10's for 10 and selling the June 22 1/2's, but decided to wait.

Best of luck!