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: Herm who wrote (9265)	12/17/1998 12:04:00 AM
From: ed c.	Read Replies (2) of 14162

Hello Herm, I too use the VIX indicator along with the put/call ratio to determine when the market is oversold/overbought. It's almost uncanny how accurate the VIX is. Do you ever do any OEX trades, since the VIX is especially applicable to indices? I personally prefer to trade futures and futures options on the S&P 500 index. The SPAN system of margining makes a lot more sense than the arcane equity style margining of the OEX. I find I can pick off almost free money trading the volatility skew of the major indices, especially after a major decline in the market, which will pump up option premiums big time. During times of extreme market nervousness, the out of the money puts start trading at levels well above their higher strike counterparts. So, I'll buy the stuff nobody wants and sell the more expensive options. I welcome any and all responses. ed

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next