covered calls , page-5

Hi Andrew ... as usual you are correct ... derivatives are all about having a view of where the underlying is heading tomorrow ... get it right and you're in the green and vice versa.

With few opportunities of any real volatility trading derivatives has us all eating like chickens lately.

We are ahead of budget so far this year but only just.

Only one trade in RIO5N so far this month ... took nice fat profit but would like to see more opportunities.

Noticed also that not many eto traders now in HC ... it's good to be able to compare notes occasionally.

Cheers ... tight stops.


This is only my view ... read the red stuff.