If you 'win' 3 out of 4 times and the 4th time loss doesn't swamp the absolute dollars from your wins... how many yacht are tied to the pier? This sounds like easy money, kudos.
Naz doesn't need to be perfectly flat to never move enough to offset your time premium. If the bid/ask alone gets you for 10%, what's a 10% move other than 'even.'
Also, you indicate a buy strategy only when you 'think the stock will at least double over the life of the call.' Gracious, again if you can predict a doubling... wow, holding shares or options should do VERY well, I just can't seem to pick those in advance.
CSCO isn't 'magic' its stock price, though, IS magical. Sometimes in this crazy world, valuation (whatever and however we all agree on what that is) is hard to get at through the most sophisticated of models. I doubt ANY quick ratio can encapsulate it, though. Today: AMAT and CSCO once again bouncing up towards their recently hit 52-week highs. Please, forget about arguing, I wish you (and the wildlife) the best, truly... at some point I've just learned to let the market have its way. Holding and watching technology share prices march on and on over time makes the most sense for me. Good trading.
RO |