Covered Calls

[Joe Stocks]

Thanks. That one account really stinks up the place. I run ten accounts and that one reminds what not to do. One thing nice about covered calls is that time works for you as where naked puts and calls time works against you. When that one account was losing so much I figured someone on the other end was making it. I figured that other side should be me.

Did you see that SRS trade? I had no idea that real estate would be doing so well. Do you have any ideas why? Folks playing the hefty divs because it is hard to get interest income anywhere else? Fingers crossed that it is time for SRS to reverse course.