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Replies to #119 on Covered Calls

Joe Stocks

04/02/08 9:59 PM

#120 RE: gtober #119

I have given it some thought. I really need to study it more. I would like to experiment with one (iron condor). Right now what ever I am doing is working great and leery of changing right now. I have to admit the market has been going my way since before the first of the year. Funny thing is that I really don't know why. I am assuming the covered calls are helping a bunch, but it helps to be on the right side of the market. All my managed accounts hit record highs again today. That's about 7 trading days in a row in up and down markets. I have started to roll some positions into May calls as the margins have been squeezed out.