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Text File  |  1993-01-21  |  829 b   |  21 lines
  1. Newsgroups: misc.invest
  2. Path: sparky!uunet!elroy.jpl.nasa.gov!sdd.hp.com!ux1.cso.uiuc.edu!cs.uiuc.edu!watanabe
  3. From: watanabe@cs.uiuc.edu (Larry Watanabe)
  4. Subject: Re: Covered Calls: Less Risk - High Returns.
  5. Message-ID: <C18KFq.J1w@cs.uiuc.edu>
  6. Organization: University of Illinois, Dept. of Comp. Sci., Urbana, IL
  7. References: <1993Jan18.230334.26026@novell.com> <1993Jan20.192644.13834@mobil.com> <1993Jan21.152239.7011@pslu1.psl.wisc.edu>
  8. Distribution: usa
  9. Date: Fri, 22 Jan 1993 03:31:01 GMT
  10. Lines: 9
  11.  
  12. dbk@pslu1.psl.wisc.edu (Don Katz) writes:
  13.  
  14. >Given that stock price returns, over the long haul, are biased
  15. >upwards, I would argue that selling calls is a poor strategy.
  16.  
  17. Ah, but if OUR stock returns, over the long haul, 
  18. are biased downwards, then it could be a very GOOD strategy :)
  19.  
  20. -Larry Watanabe watanabe@cs.uiuc.edu
  21.