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Post# of 72997
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Reznor

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Reznor

Re: 3xBuBu post# 41278

Friday, 12/19/2008 7:30:12 PM

Friday, December 19, 2008 7:30:12 PM

Post# of 72997
Am I understanding this correctly? This strategy promotes writing a covered call above the current stock price on an uptrend and below the stock price on a downtrend. I only have level 2 option trading so I cant do naked put selling. Is a covered call the same thing as selling a put?
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