Another Option Expiry came and gone. Covered Calls Trading is bullish strategy. Guess what I was experiencing? You got it! Most of my positions were facing downward pressure, not pretty.
I said most of my positions because one position, Rent a Center, INC (RCII) to be exact was doing too well! Too well, what do you [...]
Entries from February 2010
Covered Call Options Expiry in Troubled Water!
February 24th, 2010 · 6 Comments
Tags: General
Preliminary Post Prior To Covered Call Trade Expiry!
February 19th, 2010 · No Comments
This expiry period is best described as covered calls over troubled water. Why, because shares in three of my positions were in retreat. Covered call is a bullish strategy, they need to go up, but slowly though! Downward charge?! Most unpleasant!
One of them is charging up like a bull in china shop just when I [...]
Tags: General
