The Options Box

[Poet]

Yes, I see your point, particularly with regard to stocks that have relatively low volatility. Belive me, I think buying a stock and writing calls on it is preferable to simply buying a stock and letting it ride, though sometimes one must be fleet-of foot when writing covered calls.

What stocks are you thinking of for your daughter, BTW? And isn't that wonderful that her father is taking such an interest in her financial future! She's a lucky girl.

Smooch!