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: Andy who wrote (701)1/5/2000 11:32:00 PM
From: Jeffry K. Smith  Read Replies (2) of 8096
 
Andy, not that it applies to your current holdings, but a trick I learned from edamo you might want to consider: create spreads with a long leg of a DIM option (best with a long term one) and selling a short term option at a higher strike price.

With an expensive stock, or one that your brokerage firm will not allow to be margined, it allows you to "own" the stock for a period of time and sell "calls" on it as if you owned the stock.

I wish I could offer some advice on your options, but I have about sworn off long calls, since I've had a number of bad experiences.

I've still got a lot to learn!

Best,
Jeff Smith
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News