SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tuck who wrote (11283)7/23/1999 12:19:00 PM
From: David Wright   of 14162
 
Tuck,

Speaking of lessons learned, GTW taught me a hard one today. Yesterday I was $4 ahead on my puts. Today, I closed out a small loss. Lessons learned:

1. Close out before earnings reports are due.

2. Take your 25% profit and run. Don't get greedy. This was one I had in the bag, and I let it go one day too long because I wanted another $1 in profit.

Sigh. Pray for IBM.

Getting some really nice CCs though. Lots of volatility out there on the small, solid stocks, for a change. Makes for some good combinations.

Dave
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext