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, that when it comes right down to it, nobody knows which stocks are going to be higher a year from now.  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 have 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.

January 2007:  Please see the updated thoughts on this strategy. Click UPDATE.

For older examples that include the details of the thought process please consider using this link .

The Recover After Expiration Strategy

Example Listing Date	Stock Symbol	Recover After Expiration
October 21, 2007	YHOO	Getting Ready
August 15, 2007	RMBS	Getting Ready
July 16, 2007	ESIO	Beating the DOW
July 15, 2007	RNVS	Loss in Value
July 14, 2007	OSIP	Two Year Example
May 21, 2007	RMBS	One Year Example
April 27, 2007	ELN	One Year Example
February 02, 2007	ELN	Current Email Example
January 24, 2007	CYBX	Detailed Continued Example
January 24, 2007	DNDN	Detailed Continued Example
December 4, 2006	SYMC	Detailed Example Update
October 25, 2006	TRID	Current Email Example
October 23, 2006	TELK	Current Email Example
September 28, 2006	OVTI	Current Email Example
September 22, 2006	KLAC	Current Email Example
August 22,2006	ONXX	Current Email Example
August 22, 2006	IMCL	Current Email Example
June 21, 2006	CREE	Current Email Example

SYSTEMATIC COVERED WRITING
Copyright © 2005. All rights reserved.
Revised: 10/21/07