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: nlam who wrote (8165)8/10/1998 8:29:00 AM
From: Herm  Read Replies (1) of 14162
 
You mean hold a stock until you have a gain before you attempt to write CCs in the money. Example, paid $30 and stock moves up to $35 and you write the $32 1/2 strike price. Yes, it is possible to write it at a point in time of a cycle that allows you to keep it because the stock moves sideways or retreats according to BB and RSI normal pattern.

PS - Please let me suggest that you read up exactly what we are doing by studying the past post before you jump into LEAPs. I don't want you to lose your money or think what we are doing does not work. You really need to know the process in order to benefit. It is not difficult to learn, but does require some homework initially.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext