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Re:Schwager and Covered Calls


  • To: omega-list@xxxxxxxxxx
  • Subject: Re:Schwager and Covered Calls
  • From: Monte <montecs@xxxxxxxx>
  • Date: Fri, 5 Feb 1999 18:33:09 -0500 (EST)
  • In-reply-to: <199902050422.UAA03834@xxxxxxxxxxxxxx>

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The interview you're thinking of is in Schwager's book, "The New Market
Wizards." I have this book in my 'reading room' and usually glance at
random interviews when I am in a position to do so. It's the interview
with Blair Hull. See pp. 384-385.

 Monte

Andy Dunn wrote:

> I have a friend who is using covered calls.
>
> I am almost positive that I read in one of Schwagers books that he explains that a covered call is
mathematically the exact same as an outright position but costs twice as
much in comission...I think it
was during an interview. Does anyone remember this, and which book it
was in and maybe the page? I
am trying to help out a friend with the knowledge.
>
> thanks
>
> Andy