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: Tom K. who wrote (7629)5/7/2000 10:14:00 AM
From: Jill   of 8096
 
I personally am trying naked short CALLs

I can see your reasoning about shorting naked calls but this market is very unpredictable. Although it's very unlikely--imagine the following scenario: apparently Clinton has been pressuring Greenie to go easy, let's say he raises .25, or else .50 with a clear message that it's over for the year as we're heading into elections...and Microsoft DOES settle (that would have a huge impact on the NAZ) as articles this weekend have noted they are trying once again. As in my posting about the hedge funds, there's a lot of cash sitting on the sidelines. There's a small but real chance we could have a brief parabolic rally.

I like some of the plays PAL or ctthru have discussed. Or Rose Campion's GMST buy put/sell put example last week. If one wants to make "safe" $ in this market until its direction is clearer, these percentage plays with protection on the up and downside seem wise. Naked calls are a play that's rarely discussed on this thread probably because very few people use them--I'd also be interested if anybody has experience with it.

Jill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext