How To Write Covered Calls - An Ongoing Real Case Study! 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.

Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dnorman who wrote (8524)	9/11/1998 8:50:00 PM
From: AurumRabosa	Read Replies (1) of 14162

Dennis, Both the bid & ask are total ripoffs for this option. An Oct 35 call with the stock at 17 has an implied volatility of 170.3% at $0.50 and 215.3% at $1.125. Did this stock go straight down? You might want to look at other Oct calls of that stock and calculate the IV which you can do at numa.com Unless you have a typo in your post I don't think you should have to pay more than $0.03 for this deep out-of-the-money call. If you don't mind, what's the underlying stock? Do you think it'll come back to 35 by Oct 17th? If not, why buy it back unless you want to dump the stock, just let it expire worthless.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next