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Non-Tech : The Critical Investing Workshop
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To: Voltaire who wrote (5873)3/2/2000 3:58:00 PM
From: hroark2000  Read Replies (1) of 35685
 
Voltaire: I have a question. Suppose you buy 100 shares of a stock for $100 p/ share and turn around and write a cc for a $10 premium. At expiration the stock is trading at $90. What strike price do you write the next cc at? Do you write at the money or would you write at $100 again. Is this personal preference as far as what type of return on investment you expect. Thanks.
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