Covered Call Hype

Quote from Doubter:

Metoox, you are so right! Another thing is that in time you will be left with a portfolio of very worthless stocks that went south. I have left 4 such stocks in my account just to remind myself to leave this well alone. (CPN, SEI, PKD, PRTN) At a recent seminar when they were talking about protecting the stocks in your portfolio I asked How do you collar a $1.00 stock.
More...

Missed the part about the collar on a $1 stock; now that had to be funny ...
 
Quote from dreamer:



Not true, nitro. Think outside the box.

Good luck trading to all,

Bob on Whidbey Island


"Don't confuse effort with results."
More...
dreamer,

I know of several "out of the box" strategies. To what are you referring?

nitro
 
Just noticed this thread. CC writing is the domain of old ladies and dudes that can't add too well.

Whenever you try to tell some of these dolts that CC writing is = selling puts, they usually get all hot and bothered. Apparently this thread was spared that.

I'm sure there is some legit application of CC writing , besides a vehicle for swindling the unsuspecting.
 
You must log in or register to reply here.
Back
Top