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Re[2]: [RT] Selling Covered Calls



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Hello Ira,

IT> Everyone seems to believe that if you know how to do something
IT> that appears to be riskless that you should be able to own the
IT> world. Number one, there

First I appreciate your answer and mean no disrespect to you.  Even if
one should hit limits there are 21 (I think optional) indexes to
expand this out to.  I think anyone who had a sound method of doing
this option scenario would own the world by now.

IT> necessary. The minute one starts to leg the position there is
IT> risk. The

So, it does have risk glad to hear that - not what Ben was portraying
to us.  I have nothing against Ben, but I want the truth and no some
zealots opinion of a sugar coated trade.

IT> what can go wrong. You are better off writing covered calls on
IT> leaps if that is the way you want to go. You can get 40% to 50%
IT> returns there if you understand what you are doing. Hope that this
IT> helps you a little. Ira

Again your insights prove you are indeed a veteran and I thank you for
expressing your opinions and perspectives.


-- 
Best regards,
 TheQuant                            mailto:thequant@xxxxxxxxx


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