Last Updated：2022/12/24
Writing covered options is a technique to use when we're not in a bull market or a bear market, but a crab market. (I call any market that moves sideways for any length of time a crab market. This is not simply because crabs move sideways, but because people, deprived of their daily dose of market action, tend to get pretty crabby during these periods.)
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Writing
covered
options
is
a
technique
to
use
when
we're
not
in
a
bull
market
or
a
bear
market,
but
a
crab
market.
(I
call
any
market
that
moves
sideways
for
any
length
of
time
a
crab
market.
This
is
not
simply
because
crabs
move
sideways,
but
because
people,
deprived
of
their
daily
dose
of
market
action,
tend
to
get
pretty
crabby
during
these
periods.)
