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Author: TMFKGOMalley Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 221  
Subject: Re: Covered Calls Date: 7/24/2001 9:09 AM
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I am a teen, and I only have a few thousand dollars invested, but i was wondering if there was anyway that i could place covered calls on my investments, or if someone could explain covered calls to me better.

Hi Andersol,

That is great that you've started investing. The market is going through some very tough times right now so it must be a challenge for you to "hold the course".

When you have only a small amount of money invested, many times any earnings you may have gotten are eaten up in fees. Also, I assume the money you have invested won't be needed for anything for the next five years and you've paid off any high interest debt you may have.

Here are some resources that may be helpful to you in learning about options:

Options - Fool FAQ
Chicago Board Options Exchange (CBOE) Learning (web site)
Options - You Make the Call discussion board

And some other resources you didn't ask for:

Paying for College
Hot Deals on Student Loans!
SavingForCollege (web site)
Paying For College discussion board

Keith O'Malley
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