Systematic Covered Writing

 . . . more than just covered calls . . .

Systematic Covered Writing begins with the establishment of Initial Positions.  The covered writer has come to realize that after all of the analysis, after all of the research, when it comes right down to it, nobody knows which stocks are going to be higher a year from now or which are going to be lower.  With most investment strategies, there is a need for the market (the holding) to move in a particular direction in order for the 'strategy' to end profitably (i.e. 'to work'). 

As you contemplate a particular example, continually, please ask yourself "what has to happen in order for the example being presented to work".  Does the stock have to increase or decrease or can it just stay where it is? If the latter is the case, then do we really need to know which stock is going to appreciate?

You will be able to select examples by clicking any of the links on the desired row.  There are also additional examples at the end of the strategy discussion.  These tend to be historically older, but they also contain tidbits of information . . . please consider taking the time to review the material.  It is presented for your benefit . . . or at least that is the goal of providing the information.

The Buy Back & Roll Out Strategy

Example Date	Stock Symbol	Buy Back & Roll Out
May 9, 2007	DNDN	Detailed Example
May 8, 2007	OSIP	Continued Detailed Example
May 7, 2007	ELN	Email Example
February 17, 2007	CYBX	Detailed Example
December 28, 2006	AGIX	Email Example Plus
December 21, 2006	AGIX	Email Example
December 18, 2006	JCOM	Unique Detailed Example
December 11, 2006	HEPH	Detailed Example
November 16,2006	TELK	Detailed Example
October 9, 2006	TELK	Email Example
August 31, 2006	SYNA	Detailed Example
June 23, 2006	ELN	Detailed Example
April 20, 2005	OSIP	Detailed Example

SYSTEMATIC COVERED WRITING
Copyright © 2005. All rights reserved.
Revised: 05/09/07