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No. of Recommendations: 1
Absolutely makes sense. You speak my language. We trade covered calls like most people day trade stocks using a system. We find 5, 10 and 15% call premiums worth the risk of being in the market for 2 weeks at a time. If the stock gets called out, the capital gain is icing on the cake. There is risk and its manageable with due diligence. Its nowhere near the extreme bad scenario the other poster refers too.

Is there a forum where covered call investors share ideas and picks here at the Fool? I chose this forum because it was the most active in the options section. I don't want to be disruptive and I don't want to reinvent the wheel here either. I'm looking for kindred souls...doc
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