Since I am the only one posting on these threads - I'm sorry if my forwardness has driven away anyone who'd like to state their opinion - but I felt personally attacked, since I felt what I said bears MUCH merit. I had to prove my point (i guess), yet perhaps not so forcefully. Even still i am going to play the antagonist and to of course try to make myself look good (after all this is my business and I do feel my work deserves credibility that hasn't seemed to have come yet). BUT I am curious if anyone can post their success - honestly - or failure during this pretty "interesting" market period. Paysense I didn't drive you all away did I. Views are still growing - if you are kind I'll be kind. Open honest discussion is welcomed and I still truly believe I have targeted the goals that ultimately matter and have "a" corner on how to entirely meet them and in a short while (if not already) will be quite apparent and will soon be managing into large growth of my funds with OP$$$$. We all want a piece of the pie so post away!!! ok bye, well wishes to all. GilL
I would be happy to post my trading, but our styles are so completely different that nobody would really benefit. What you are targeting as yearly gains, I am targeting as weekly gains. Your intended growth for the month is my intended growth for the earlier part of one day. My trading is much more frequent than yours and the results would just clutter up your journal. If you (or anybody) wants to see my successes/failures, you're welcome to view them elsewhere. About once every couple months I glance at how you are doing. I hope things start going well for you from here. Even though you're still negative after commissions, it seems like you're at least moving in a positive direction now.
Thx. I wonder where all the others are with posts? I'm not so sure commissions are stated correctly. At collective2 I have asked on about 3 or 4 occasions in the open forum to MK (Matthew Klein site owner) on how and why my commissions are reflecting $60 a trade. I clearly don't trade 60 contracts on average per trade and he states the stats reflect $1 per contract. I'm thinking my commissions when reflected correctly will be less than 1/3 that stated. But no hurry as like you say it is nice to just be in positive territory and along those same thoughts, this strategy will still take about 6 more months to start to really play out - unlike yours that may take 1/2 a trading session! Gilbert
Now that all the ducks are in a row. . .I stated somewhere how frustrating it's been for the Nasdaq NOT to be allowed to drop from 2800 to 2500. Well we've seen it happen pretty quick - see question below. Apparently the Fed has decided that they really can't do much to prevent a simple correction. That Banks will just have to suffer a bit until they regain their losses. Which may impact earnings/market for 1-2 years, but the the sector/market will survive. Hopefully they learn from this - despite the "surprise" intervention, typically robust stock period, upcoming election year, etc. After all what we do has global consequences. So for now we work out the froth in the market, which in the end is healthy. The problem in the past was that while I write this things try to dramatically change up. Do you think the market - having starkly breached lower support, will simply fall per the norm to the next level - or will there not be enough volume/institutional selling in this pre-holiday trade to NOT make the big players simply coerce the market back up to the previous rangebound levels of late in the coming week? Pay$$
It's been a while since I posted my newsletter that can be easily obtained elsewhere (PM, read early parts of thread for website name, go to my Covered Call Fund at Collective2 and read my forum and system desciption for link, or sign up it is FREE). Anyway, <b>per ET policy</b> I leave out the URL's since this is more for a study on what I am doing and what it will lead to during this - so far - very short period. Members Area Weekly Newsletter Volume VI, Issue XX-XX-VI November 18, 2007 Announcements Be sure and capitalize by using our Hedge Fund Manager as your very own personal investment coach! Now included with your Classic or Pro subscription, you may speak directly with Mr. Gilbert J. Arevalo, President & Chief Hedge Fund Strategist, Xxxxxxx Capital Management by simply calling his personal line at (cell) xxx.xxx.xxxx to get your investments back on track - FAST!! Early gains turned to sharp losses Monday as the Nasdaq's sell-off deepened and the correction gains steam. The Nasdaq slumped 1.7% - its sixth drop in eight sessions. Mondayâs sell-off pushed the NYSE below its 200-day moving average, while the Nasdaq closed just above that line. The S&P 500 sliced its 200-day on Nov. 7. Monday marked the fourth straight session of losses on well above-average volume. Baidu.com notched one of the biggest down days in its history, plunging 41.45 points. Apple showed similar action. The iPod and iPhone maker logged its biggest down day of the year as it violated its 50-day line. When the market first started showing signs of distribution last month, a few weaker names got hit. The heightening credit crunch plowed through embattled financial stocks. Then some highly rated small- and midcap stocks started to struggle. Now we're seeing significant damage among the market's highest-rated stocks and top-rated groups. That kind of action â taking down the weak players, then progressing to the leaders - is typical action for a market correction. On Tuesday, the indexes set aside the correction for a day, jumping from the gate and gaining through most of the session. The NYSE closed up 3%, at the peak of its intraday trading range. The Nasdaq finished up 3.5%, also at the top of its range and its best one-day gain since November 2002! The NYSE and the Dow closed back above their 200-day moving averages. However, volume was lighter across the board - even compared with Mondayâs light Veterans Day trading. But as the past few weeks have made clear, this isn't a healthy market. For the past several days, the major indexes have notched a series of big down days in well above-average volume, often higher than the day before. Institutional investors - the mutual funds, banks, pension funds and other big boys who control about three-quarters of the market's movement - have done a lot more selling than buying lately. One key sign of trouble is the manner in which leading stocks have tumbled lately. When a top stock runs up for a long time and holds well above its moving averages, then suddenly knifes down through those levels, that's a bad sign for the stock and ultimately the market. The main indexes opened higher Wednesday, but closed lower after sellers came out in droves during the final minutes of trading. Thatâs typical of a weak or bear market. In a strong market, the opposite happens: Stocks tend to open weakly and close near their intraday highs. It's still too early to know what will become of the stock market. On Tuesday, the market scored big price gains in lighter volume. Such weak rally tries, especially during a market downtrend, are usually fool's gold. When the market eventually turns for the better, you'll know. Market turnarounds are eventually marked by big price gains for the major indexes in heavy volume. You'll also see renewed strength among leading stocks. Wednesday's reversal confirmed that the market is still very much in a correction. Don't try to guess when that decline will end and a new uptrend will begin. Wall Street history is littered with tales of investors â large and small â who tried to outsmart the market, only to get buried. Stocks turned lower for the second straight day as a wave of afternoon selling Thursday turned a mixed session on Wall Street into another broad sell-off. Thursday's was the sixth losing session in the past seven. The New York composite came to within 0.3% of its Nov. 12 low before bouncing back a tad. The market's behavior is typical for a correction. Tuesday's 3.5% surge may have excited some. But volume actually dipped from the previous session's tally, which was depressed to begin with by Veterans Day, which banks and the bond market took off. Note how the major indexes started out in the plus column in the next two sessions, then reversed lower to end with losses. Stocks started on a weak note after retailer J. C. Penney reported its first quarterly profit decline in 4 1/2 years. Worse, the company warned fourth-quarter results will be hurt by the price-slashing that likely will be needed to move goods in the holiday season. Out of the 197 industries tracked by IBD, as of Thursday's edition, five of the 10 worst-performing groups are from the retail industry. Treasury bonds were bid sharply higher as investors scrambled for safety. The 10-year T-note's yield fell 10 basis points to 4.17%. Shorter-term yields fell even more, a sign of widespread views that the Fed will cut rates again. Standard & Poor's reports that third-quarter earnings for S&P 500 companies fell 8.48% from a year ago. That's the first decline since the fourth quarter of 2001, when terror attacks brought the economy to a crawl. This time, blame the financial sector, where profits fell by one-third. Stripping out that group, S&P 500 earnings rose 1.6%. A late surge in brisk trade capped an erratic day of trading Friday as options expiration drove volume higher. Those results followed a huge round of losses the previous week. The Nasdaq's 6.5% plunge that week, paired with sharp drops among leading stocks, signaled the start of a correction for the stock market. For that downtrend to end, we'd need to see renewed signs of strength, namely a major price gain in heavier volume in at least one of the market indexes. Top-rated stocks also would have to reassert themselves. Stocks' recent woes spread to the market's tech leaders last Thursday, signaling a correction for the major indexes - reflected by Xxxxxxx Capital's "Stop Losses" directive announced Thursday, 08-Nov-2007. The safest place to be during a market correction is in cash and out of stocks. It may be tempting to try to outsmart the market, few precious few stocks will hold up in a market correction. Try to fight those odds, whether by targeting rare growth stock holdouts or so-called defensive stocks, and you could lose your prior gains. Worse, you could start racking up significant losses. The best way to navigate this kind of market is also the best way to navigate any market condition: exercise discipline - WHICH YOU WILL LEARN as a member of Xxxxxxx Xxxxxxx Xxxxxxxx Xxxxxxxx! If you're a novice covered call writer, check out our two exhaustive Training Seminar series' at XxxxxxxXxxxxxx.com, and learn more about mastering a set of proper covered call buy and sell rules. Even if you're a veteran trader, a refresher course is a good idea. Even the most successful investors make their share of mistakes! At Xxxxxxx Xxxxxxx, we lay out multiple strategies for coping with a declining stock or market correction. You'll also find tips on how to spot a follow-through day, so you can be ready to buy with each market recovery. No time like the present, so GET ON BOARD TODAY and begin afresh to learn how to manage your money like a pro! Simply follow along with each and every trade made in our stellar portfolios and you too, will soon understand how and why we do what we do - and reap the financial benefits of a lifetime! You may not be aware of it, but the individual investor is hard-pressed TO MAKE ANY KIND OF MONEY with his or her investments. I'm not talking about the occasional hit or home-run, but over any multi-year period (more than one) - even the seasoned pro will likely fall short of the major averages. With the close of 2006, we at XxxxxxxXxxxxxx.com are very pleased to have afforded our members with 25.5% and 34.2% year-to-date gains, from trades made in our respective Classic and Pro Funds. Only by following ALL OF OUR MOVES in and out of the stock market and covered call positions, will you be able to FULLY UNDERSTAND how we have outperformed in the past! Study ALL of our Performance Charts to gain a perspective on how we handle both favorable and untenable market periods. Learn how to grow your funds EXPONENTIALLY - AND TO KEEP YOUR LOSSES TO A MINIMUM! In 2006 we avoided major losses to our Funds by side-stepping the onslaught of the year's 15% correction from the Nasdaq. Then we successfully phased into high-yielding covered call positions - just days after the Stock Market bottom. OUR FUNDS MOVED UP 45% IN JUST SIX MONTHS! At KingdomCapital.com we do exactly what we say, year-in and year-out. Substantial gains in 2007 are VERY PROBABLE - so Get on board TODAY! Glimpse at a recent snapshot of our "Pro" Model Portfolio and updated Performance Charts; Pro Fund and Pro Fund vs Nasdaq and see that our covered call training services are unrivaled in the industry! continued
Week in Review: Market Analysis The Nasdaq dived Monday as the market finished its third and possibly toughest day of the current correction. The tech-laden composite tumbled 1.7%, closing at the bottom of the day's trading range. The NYSE composite also skidded 1.7%, slicing through its 200-day moving average. Volume dipped across the board, as banks and the bond market were closed for Veterans Day. The Nasdaq snapped a four-day losing streak Tuesday, but lighter volume pointed to a lack of conviction among big-money investors. The technology-rich Nasdaq composite gapped up at the opening bell. It faded a bit around midday. But instead of swooning, the Nasdaq rallied the rest of the afternoon to score a 3.5% surge. NYSE stocks followed suit. The NYSE composite jumped 3%. The S&P 500 picked up 2.9%. The Dow industrials bounced 2.5%. But volume sank 5% across the board. When viewed in context, Tuesday's trading levels look even more anemic. Monday was Veterans Day, a bank and bond market holiday that typically suppresses volume levels on Wall Street. Tuesday's sizable price gains might also lead you to expect a jump in trading volume. A big drop in oil prices helped stoke Tuesday's rally. December crude dropped $3.45 to settle at $91.17 a barrel on the New York Mercantile Exchange. Oil prices skidded after the International Energy Agency cut its monthly forecast for crude demand. A better-than-expected earnings report from Wal-Mart and bounce-backs from beaten-down financials also fueled Tuesday's rebound. A promising start to the session fizzled Wednesday to close lower, as the major market indexes reversed when big cap technology stocks relinquishing gains. The Nasdaq trudged in with a 1.1% loss. The S&P 500 shed 0.7%. The Dow industrials slipped 0.6% and the NYSE composite 0.5%. The indexes all closed near the bottom of their intraday ranges. Volume receded across the board. Stocks got off to a promising start, as investors weighed a tame PPI report and more write-downs from financial firms. The producer price index rose 0.1% in October, below views of a 0.3% advance. The core PPI, which strips out food and energy prices, was flat, below forecasts of a 0.2% gain. Week in Review: Market Analysis (cont.) Meanwhile, Bear Stearns announced a $1.2 billion write-down for the current quarter, thanks to the credit crunch. The figure came in below some analysts' views. Bear Stearns was also upbeat about its subprime mortgage prospects, echoing similar statements from Lehman Bros., Goldman Sachs and other financials. U.K.-based banking giant HSBC reported a $3.4 billion write-down of its own. So far this year, financial institutions have reportedly claimed more than $40 billion in charges related to the mortgage market's nose dive. Some analysts fear tens of billions more may be written off. Stocks tried to strengthen early, but surrendered to sellers again Thursday. At the closing bell, the New York composite lodged a 1.6% loss while the S&P 500 fell 1.3%. The Nasdaq lost 1% and the Dow dropped 0.9%. Volume declined. The market tried to shrug off some bearish news, with a tepid poke to the upside in the morning. But it could not hold on to those meager gains. Sellers stepped forward, gaining momentum later in the day. Wells Fargo's CEO may have stoked the sell-off with comments that the housing slump was far from over and the worst since the Depression. Stocks reversed higher Friday in triple-witching volume. The Nasdaq rose 0.7%, erasing an early 0.8% loss. That action contrasted with the prior two sessions in which stocks started higher only to sell off in the afternoon. Volume picked up across the board, thanks in part to the monthly expiration of stock and index options. Trading jumped 9% on the Nasdaq and 12% on the NYSE compared with Thursday's levels. For the week, the Nasdaq and S&P both gained 0.4%. The Dow picked up 1%. On the downside, the NYSE composite and S&P 600 both shed 0.3%. Xxxxxxx Xxxxxxx is currently in "Stop Losses" mode, a change in our Market Direction call enacted Thursday, 08-Nov-2007. We are in our "wait-and-see" mode for one of the major indexes to stage a follow-through. Just remember that while every major market advance has started with a follow-through, not every follow-through triggers a big bull run. Even if a follow-through were to happen, it would be premature to dive head first back into a bundle of stocks. A number of top-tier leaders have flashed multiple down days in brisk volume and have yet to forge fresh price patterns. There's a reason XxxxxxxXxxxxxx.com pays such close attention to a stock's price action and its volume - one rarely goes far without the other. And when prices make big moves without supporting volume, or volume spikes without price gains coming along, that's often a sign of trouble. It is imperative that you cut your losses short. Never let a stock fall much beyond your stop-loss target. At XxxxxxxXxxxxxx.com, our members are given a well-thought out, proven method for minimizing losses after ramping up heady gains. Selling quickly lets you preserve your capital for new buys. It also helps you maintain your confidence by avoiding crushing losses. With routine precision by side-stepping the heavy losses incurred by most, once again we have preserved most all of our sizeable compounded annual gains. Where would your net worth be had you grown your funds exponential returns year-after-year? No market rally has ever started without a follow-through. Now that the Stock Market has staged a follow-through, big-money institutional investors are jumping in to buy shares! Meanwhile, DON'T IGNORE YOUR WATCHLIST. Keep your watchlist fresh to find the best opportunities for your cash. With each market follow-through to a new rally, new leaders typically emerge from consolidated bases. Delete companies that have broken down. Look for stocks with superior fundamentals that are making calmer corrections. Also remember that the next wave of market leadership may not resemble the last rally's. Rather than guess, wait for the leadership to develop on its own. 2006 ENDED WITH DOUBLE DIGIT GAINS FOR THE MAJOR INDEXES. Growth investors needed extreme discipline to pocket gains in '06, though. In good markets and bad, smooth markets and choppy ones, following a strict set of buy and sell rules is the best way to maximize gains and limit losses. We provide complete covered call investment training to help you get your funds back on track! continued
Weekly Trades MEMBERS' ONLY CONTENT! Subscribers to our CLASSIC or PRO Services gain access to our Hedge Fund Manager's Daily Trading Journal and ALL of his trades, Model Portfolio, Trading History, Covered Call Candidates, Current Market Direction, Weekly Newsletter, TWO exhaustive series's of Training Seminars that reveal our covered call investment strategy methods - and much more! Xxxxxxx Xxxxxxx Classic Covered Call Fund This past week, our Classic Fund moved 0.00%. Thus far in 2007, the fund is off 1.33%, and is currently 0% vested. For all of 2006 our non-margin fund SWELLED 25.64%. On the year, it outperformed the Nasdaq by 15.93%, the Dow by 9.17% and the S&P 500 by 11.84! We have called EVERY MARKET BOTTOM...within days! See our Past Performance Charts. Get in on the ground floor, since over time - we have never been outperformed!!! Xxxxxxx Xxxxxxx Pro Covered Call Fund Our "limited"-margin fund - which closed 2006 at an ALL-TIME HIGH, eased 0.00% on the week. For all of 2007 the fund is off 2.73%. Currently our premier fund is 0% vested on margin. Our Pro Fund again performed especially well this past year - SURGING 34.17% for all of 2006! Kingdom Capital finished 2006 with our Pro Fund having outperformed the Nasdaq BY A WHOPPING 24.65%, the Dow by 17.88% and the S&P 500 by 20.55%! 2007 once again has afforded members the opportunity to "enhance" our funds with margin-trading! NO TIME LIKE THE PRESENT to take advantage of all our Services - and reap the financial benefits of a lifetime! Comments from the CEO Amidst all this, Xxxxxxx Xxxxxxx continues to be a shining example of how to navigate through treacherous market conditions. First off, we sell covered calls - that's all we do. By accurately moving back into stocks just days after each market bottom we consistently rack up heady gains with relative ease! If you have been following in step with our Hedge Fund Manager, you are now well ahead of the game. Just one look at our Performance Charts and it's easy to see why Kingdom Capital Training Institute...IS HOME OF THE BEST-PERFORMING INVESTMENT FUNDS on the planet! The action of top institutional favorites is also a reminder that there are few safe havens when the market enters a downtrend. The safest place to be during a negative market such as this one is in cash. But as a correction deepens, more aggressive selling can be your ally. Follow your sell rules and also take a good, hard look at whatever few winners remain in your portfolio. Are you willing to ride out the correction without worrying, or making any rash moves? The easier, safer alternative is often to take your profits off the table. Whenever the market eventually starts a new rally, you can start dipping your toes back in.Until then, you'll be constantly exposed to significant downside risk if you try to ride out the storm. As for Tuesday's price gains, it's far too soon to tell if they could lead to something bigger. Don't put too much stock into one up day â even one as big as Tuesday â especially when it follows a run of nasty sell-offs. We'll need to see a lot more strength to lift the major indexes off the canvas. Leading stocks will also need to show some strong gains in healthy volume. The marketâs weakness is showing up in other gauges besides the main indexes. The Accumulation/Distribution Rating of every index is poor. The S&P 500, which has suffered the most of the weakness in financial stocks, has a lowest-possible E rating. The Nasdaq and NYSE composite are almost as bad. Defensive stocks have fared well. Procter & Gamble, Coca-Cola, tobacco stocks and others have trended higher. But in terms of market impact, a rally by defensive stocks is often a negative sign. They tend to shine when growth stocks and the broad market struggle. Elsewhere, Federal Reserve Gov. Randall Kroszner hinted that the Fed might not keep lowering interest rates, even if the economy's growth rate dips. Remember, when the market pulls back, leading growth stocks will fall more than the general indexes. Thatâs why investors should exercise caution. With the market jittery every time an earnings headline hits the wires, safeguarding some of your gains may not be a bad idea. Pay attention to which stocks are holding up well vs. those that are falling in heavy trade. Trim your laggards and focus on your leaders. Always cut a loss if a stock falls 7% to 8% below your initial purchase price. Many of these lessons CAN ONLY BE LEARNED AT Xxxxxxx Xxxxxxx Xxxxxxx Xxxxxxx! Watch and learn as our Hedge Fund Manager demonstrates "LIVE" these proven methods in our Covered Call Funds. To get "An Overview of This Website" see FREE Training Seminar 1. Once again our Covered Call Investment Strategy reigned supreme - easily handing our members handsome 25.5% and 34.2% annual gains in our respective Classic and Pro Funds for all of 2006! If your investment methods have left you helpless, DON'T GIVE UP! Xxxxxxx Xxxxxxx Xxxxxxx Xxxxxxx will give you what you want - to get your money back on track in a seamless and timely manner. Spend time with us and be encouraged that we know best how to grow your accounts with our Historical Averages. We have yet to see a better-performing investment fund! We offer complete investment training direct from our Hedge Fund Manager. This unique "hands-on" training approach is designed to transform the individual investor into a seasoned professional (or at least get your returns consistent with ours) - within months! Simply go to XxxxxxxXxxxxxx.com and SUBSCRIBE to our Free Trial today. Watch and learn how to manage out-sized returns on a consistent basis as we grow our funds at XxxxxxxXxxxxxx.com - the world's only "LIVE" covered call fund! The End FYI this is a long only fund (long stock-short option=covered call) that has ramped up gains to the tune of 50%+ (avg!) over the last 8 or so years. At this juncture (2007) much traction with gains were not possible - BUT WILL BE AND HUGE - as we side-stepped this (and all) corrections and await for a bottom - which we routinely call within days. So our past 2500%in gains is preserved and this will be increased another 50%, shortly! Meanwhile the indexes tank and well where have your funds been? Paysense PS Since my C2 Fund capitalizes on down periods. . .I'm thinking some heady performance may quickly unfold. Stay posted!
Hi Paysense, great thread. I am unsure how you do your actual trading of covered calls but as someone who does write covered calls from time to time I do know of several reasons why they can be (almost always actually from my experience) better than shorting puts. would you mind posting or PM me your trading system on Collective2 so I can take a look? thanks and best of trading to you. Bob
Someone actually replied discussing merits and not just pitfalls - How's this for a pitfall: you may have been reading my newsletter (when I post it here) and follow my analysis of our unfolding market. At times we went cautious and at times we went into green light mode - but the actual "top" or 26-Jul call hit the nail on the head and by being in cash we avoided most of the decimation an account CAN experience. Also we went "Green Light" from the "Stop Losses" call on 18-Sep-2007 vs the 29-Aug-2007 call that would've yielded more profits - but we have been overtly cautious ever since the Feb-Mar decline didn't unfold into an all-out run for the exits. You see the high-yielding covered call picks that contain outstanding fundamentals and technicals need to be managed against a very knowledgeable understanding of market technicals or you won't even beat the S&P 500. We contrast our fund most-closely with the Nasdaq and since we are cashed out of our long positions and now that the top leaders are suspect we fully-expect this market to get taken down about 15%. This will bring our YTD return (about 0%) in line with our market-beating average of about 25% - once we again leverage off the TRUE market bottom and the typical easy gains thereafter. As I say time and again, this is the only low risk proposition or method that I know that can AVERAGE 50%+ per year - which of course you don't want to NOT know what you are doing and have a 25-45% decline once you've ramped up to say 2M from 200k over a bull stretch. At C2 if you read my system description, covered calls are NOT the only method we profit from. In fact the best gains are being made now that the correction is intensifying. Take note that last week I entered some bearish plays that went (temporarily) against me with the ramp up Friday and in the pre-market into the open Monday that gave a significant intraday drawdown as I am using ES and NQ futures. These gains (losses) were short-lived and new lows from the indexes were quickly made. My account actually went from 116,000 to 90,000 back up to 116,000! In the future, I will diversify a bit more and i.e. hold Russell 2000 and mini Dow positions as well to eliminate individual trade risks (stats). Also, until I can build up more equity so DD's won't appear so extreme - I can purchase some cheap WOTM puts/calls when necessary during a similar volatile stretch! Pay$$ense
Yes, I now see your "My Record of Trades" thread, Bob. Unfortunately I don't think you are 'enabled' to receive PM's. Here is what I tried to write: Hello Bob, Thank you for your response. At collective2.com under "Search by name" - just type in "king" and you will see "Xxxxxxx Xxxxxxx Covered Call Fund" provided as a selection. You can also go to "Forums" where I have an active dialogue (mostly with myself,lol) that you'll see near the top. Also www.XxxxxxxXxxxxxx.com will get my weekly newsletter and covered call candidates etc. delivered mostly free to you in-box. Keep in mind we are only now gaining traction, but will progress powerfully in the next 6 months to 10 years! Please feel free to contact me (cell) XXX.XXX.XXXX if I may be of any further assistance and thank you for choosing Xxxxxxx Xxxxxxx Training Institute! Mr. Gilbert J. Arevalo President & Chief Hedge Fund Strategist Xxxxxxx Xxxxxxx Training Institute Xxxxxxx Xxxxxxx Management Cell: XXX.XXX.XXXX So hopefully we won't get in too much trouble if I tell you as much! Also a simple Google.com of "Gilbert J. Arevalo covered calls" will bring up the top two listings for what you may like to find. Sorry Baron - not too intrusive I hope