Gersh's Option trades Message Board

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Strategies & Market Trends : Gersh's Option trades

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To: Gersh Avery who started this subject	9/24/2004 8:21:23 AM
From: Gersh Avery	of 652

This person sent me a PM which I thought I'd post to the thread: From: ANDY DUMAS Hi, New to the tread and new to options trading. Like to ask a question. I hold 500 shares of SANM. I want to take advantage of owning the stock. How can I trade options with it? If I have to lose the stock it does not bother me at these levels. What do you recommend? Someone mentioned selling put options but it sounded confusing. Can you help? Thanx Andy With 500 shares to work with, I'm inclined to suggest this simple process: Sell calls until the shares get called away. Then sell puts until the stock gets put back .. repeat forever. selection of strike and expiration would be something arty ..

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