The intent of this blog is to explain and exhibit the Deep-In-The-Money covered call strategy, with actual trading results and updates as they occur in the author's accounts. The strategy is the subject of the author's recent 2010 book published by Amazon entitled Zero (IN)Tolerance ($14.95), a must for those "FED" up with zero interest rate returns. It is also possible to obtain the updated eBook through all eReaders except Kindle -$8.95:https://www.smashwords.com/books/view/76362
Wednesday, March 28, 2012
WE HAVE A WINNER:
Per usual, the day before ex-dividend date NUE (Nucor Steel) was called away at 40. Including the 40 put I sold in December, profits after commissions were 17.72% annualized (based on a 4 months holding period). NUE rose with the market from October, then went into a Trading Range after topping near 46 in March - it was 42 when called. Definitely a winner!
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I would like to buy the book but can't find it on the Amazon site. Any ideas? Only have kindle. Thanks. debrasev@comcast.net
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