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 : Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: voop who wrote (76)12/26/1999 11:11:00 PM
From: steve mamus  Read Replies (2) of 8096
 
Depending upon market conditions, I think that selling puts does accomplish several goals (a) generate income and by so doing may decrease the overall volitility of your portfolio. From a psychological point of view I find that I am less likely to bail out of a long term position if there is significant cushion provided by cash provided by selling puts. I tend to sell mass quantities of way out of the money puts for QCOM (in the amounts sold I feel best when the puts are 100 dollars out of the money or more). From a personal point of view given the disproportionate amount of QCOM in my portfolio I feel most comfortable with this approach. IMHO I would probably buy puts when I felt there existed the overwhelming probability of a large macro event from which there would exist no safe harbors. If there was a fundamental, major deterioration in my perception of QCOM I would dump my entire position and ask questions later. At that point buying puts would presumably be utilized for a different reason.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext