Thanks for all your answers. I am glad to see so many responses to my question. I need to do more reading because I don't understand some of the things you all are saying. I have been trading stock for the past few years with some good results so I thought options would be a good next step but obviously I have alot more to learn before I even get started.
Well depending on how much premium is left, timing may or may not be an issue. And move is somewhat dependent on that. So, 2 or 3 out of 4 isn't too shabby.