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Building a Position in Amazon (AMZN)
Stock Market Options Trading
Selling Covered Calls Could Increase My Profits
A few days later, I bought it back for about $65 more. So why did I take the loss? Why didn't I just hold on to it and get called away? Well in this case, I don't want to get called away and I actually want to hang on to those shares. That's sort of the catch with covered calls. For me, you know, I'm treating this covered call strategy as very tactical. And that could increase the amount that I can make selling covered calls.
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