The Critical Investing Workshop Message Board

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.

Non-Tech : The Critical Investing Workshop

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dutch who wrote (30063)	8/21/2000 8:33:03 PM
From: robwin	Read Replies (1) of 35685

Here is my dilemma open for comments and suggestions... I purchased 400 SUNW at $88.00, stock tanked down to about $75.00 and I decided to try and lower my cost basis by writing some calls. I wrote 4 Oct. 2000 calls for $9.00 premium and of course the stock takes off...I do not want to be called, so i was thinking of waiting till the time value on the calls diminishes in October and rolling up and out to January 140 calls (I know this will mean my cost basis will rise to about $100 per share but I can't think of how to keep the stock with a chance of greater appreciation and not risk being called away...).. Any responses welcome.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next