... 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. Note that there are two types of examples. A detailed example contains additional information, where as an email example is simply a copy of a message sent to subscribers on trade execution day. There are also additional examples at the end of the strategy discussion. These tend to be historically older, but they also contain detailed information . . . please consider taking the time to review this material. It is presented for your benefit . . . or at least that is the goal of providing the information.
The Combo Buy Back & Roll Out & Up Strategy
Latest Activity Date
Stock Symbol Type of Example April 13, 2006 DNDN Detailed Example December 20, 2006 CHINA Continued Detailed Example December 14, 2006 BRCD Continued Detailed Example November 28, 2006 RMBS Detailed Example November 25, 2006 AMD Email Example December 19, 2005 IMCL Detailed Example July 5, 2005 FCEL Detailed Example
SYSTEMATIC COVERED WRITING
Copyright © 2005. All rights reserved.
Revised:
04/15/07