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 : The Covered Calls for Dummies Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Chwojko-Frank who wrote (714)5/21/2001 4:28:16 PM
From: JohnM  Read Replies (2) of 5205
 
You have just been forced to buy at the top.

Thanks for the post, Tom. I'm just doing the scenarios right now. Had not yet gotten to that one. Now I can skip it.

However, what became obvious as I scoped it out was the market timing skill required. Not me. I'm very good at buying high and holding low (g). At least that's the tech portion of our portfolio right now.

Clearly there is some market timing in these covered calls. That's why I keep checking scenarios so as to reduce my dependence on it.

Might sell some tomorrow.

But a marvelous day for the portfolio. Up 9% thanks to almost all of them pulling their weight--sebl, qcom, ntap, itwo.

However, I am trying to position us for a downturn sometime in the next two or three months.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News