Sell Covered Calls to Benefit from Market Pause
January 21, 2011 at 10:48 AM EST
The lack of any catalyst, along with nervousness regarding the banks, is helping to exert continued downward pressure on stocks. The seven-week winning streak by the S&P 500 is at risk. And, without leadership, markets may stall. Should this happen, write some covered calls to generate some premium income and reduce the average cost base [...]