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: steve mamus who wrote (4545)3/9/2000 11:16:00 PM
From: taxman  Read Replies (1) of 8096
 
each week in its regular and expanded editions, value line lists 200 stocks to buy and 200 to sell. i select from among the 400 on a random number basis, until i run out of buying power, buying a call if the stock is rated 1 (most timely) and a put if rated a 5 (most untimely). i usually hold till expiration at which time i sell the in the money puts and either exercise or sell the in the money calls.

exercising has thrown my account into a debit balance, but i feel i have enough puts if the market keeps dropping.

each option purchase that i make amounts to an outlay of less than one half of one percent of the total value of my account. i generally avoid selling covered calls.

regards
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