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Covered call writing is the kind of thing brokers would encourage a conservative
investor like myself (as opposed to a trader) to do. I used to do it years ago
- but quit. Simply stated - with covered calls - you don't make the upside if
the stock goes through the roof. You're not protected if the stock crashes. At
best - it's a strategy that will make you more than "buy and hold" during a
period when a stock you're holding for the long term is going "sideways". So -
if you're good at picking stocks that are going to go sideways - this may be the
strategy for you <g>. Robyn
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