rydad,
I did a buy/write earlier on NUFO, only to learn, rather dramatically, that the downside can arrive much quicker than one expects. The lesson I learned was to worry much more about that than I had previously.
As for your stocks, those are clearly not NUFOs. Strong stocks/strong companies.
My guess is that there are two worries external to those stocks that could effect their market value on the downside. One that the often talked about recessions in other parts of the globe work their ways through these stocks, dropping them further. And, two, that, not unrelated, the high valuations of the ones I know about on that list, could be trimmed.
But, no doubt, you already know all this.
As for me, because of the above, I'm quite reluctant to do buy/writes right now. Rather, I am writing ccs on stocks I plan to hold anyway; that if I get called on, I'm likely to be able to repurchase them later for less than the price they were called out, etc.
John |
