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.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 96.40+5.4%Dec 19 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: richard surckla who wrote (31208)9/30/1999 7:51:00 AM
From: Guy Peter Cordaro  Read Replies (1) of 93625
 
Richard: If you only sell covered calls you almost always make money. The problem is that you also limit your profits. I sold the August 105 back when Rambus hit its high of 117.25 and received 18 dollars for them. Then as the stock settled back to about 100. I closed the position for about 2 dollars thus reducing my cost of the stock by 16 dollars. The risk that I ran was losing the stock for 105 plus the 18 premium if it went higher. I try to employ this strategy on large volume days with large up side runs.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News