Trading TAVA Message Board

STOCKTALK

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.

Technology Stocks : Trading TAVA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Too Wise who wrote (516)	7/9/1998 8:50:00 AM
From: Mark3000	of 655

This was a great stock for writing covered calls, the key is to only trade in stocks you are comfortable holding if the price goes down. Example, i bought 2000 shares at 18, wrote covered calls for the Jul 17.5s @ 1 1/8. So i get the $2250. Im in a no lose position, if the stock goes up i get at least 18 3/4 (17 1/2 + 1 1/8)for a 3/4 point gain, good day trade. If it goes down, i keep the $2250, reduce my average share price to 16 7/8 (18 - 1 1/8) and i keep the shares AND i get to do it all over again next month because i am comfortable holding this stock. Options are a good way to increase your profits especially if you are comfortable holding a stock. Good information on options with lots of free stuff is at cboe.com Quote of the Day: "Thats the bottom line, because Stone Cold said so."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next