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: Douglas Webb who wrote (8685)	9/24/1998 12:12:00 PM
From: Herm	Read Replies (1) of 14162

DLJ Direct requires a 50% value in your portfolio to back up the short position. The dollar value is added to the account and generates interest for you provided you are not margined. Otherwise, the interest generated lowers your margin interest payout. At this point, I'm not margined in any of my stocks and own BTGC stock clear with 100% equity. For me, it makes no sense to not short BTGC against the box. It only adds more downside protection. BTGC came out with a new product patent announcement this morning. I used that small pop to short 600 shares even though I own 700 shares. The volume is light compared to normal trading for BTGC. Below average level volume spells a slow decline eventually. TNSI continues to be a die hard stock. It will be do or die for my TNSI OCT 5 PUTs starting next week when the decay will really kick in. Looks like we may have to bite the bullet on TNSI soon! I have not had a losing trade in quite a while! DIVE TNSI DIVE!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next