why do people recommend covered calls.

Discussion in 'Options' started by noob_trad3r, Feb 16, 2010.

  1. And when was the last time that the shares you voted made a difference?
     
    #41     Feb 16, 2010
  2. l2tradr

    l2tradr

    I didn't say I do. But that can be an issue for some people, especially ones with a significant number of shares. It's a legitimate answer, some people may choose to do buy-writes instead of writing cash secured puts in order to maintain voting rights.
     
    #42     Feb 16, 2010
  3. Sell a bunch of naked calls and use the premium to close out the short puts :D :D Bada Bing! done!
     
    #43     Feb 16, 2010