Options Message Board - Msg: 13255559

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: steve mamus who wrote (5398)	3/22/2000 9:20:00 AM
From: edamo	Read Replies (2) of 8096

steve...."proceeds from put sales" presently all goes to money market, as i have committed cash to a major real estate transaction. years ago i used the proceeds to buy common or atm/itm/ditm leaps (decision based on premium to the market). would eventually exercise the calls for the common. currently, i rarely buy calls, only special situations, or in spread combos,that i feel have the probability of profitable return. in this market a cash position is advantageous as it allows one to move swiftly at oversold points, much like yesterday morning. too much money to be made with minimum risk by using capacity.... i'm not greedy....4-6% per month against cash/capacity works for me....6k per 100k, just scale it up....why day trade or buy calls in bulk...prefer cash in hand to "potential" loss of opportunity, no repair ability with call buys....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next