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: Joseph Ziebarth who wrote (1445)3/21/1997 3:03:00 PM
From: Kevin   of 14162
 
All.
Question:

1) If you bought 300 shares XYZ at $30 and you sold 3 JUL 40 cc at $2.00.

2) In May, XYZ price raise to $41 3/4. You are kind of worry about $41 3/4 may be the top and you don't want to lose your gain. Since you can not sell the stock because your cc.

So how can you protect your gain in case the stock free fall?

Thanks in advance.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext