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 : How To Write Covered Calls - An Ongoing Real Case Study!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KELLIS who wrote (2268)5/18/1997 1:03:00 PM
From: Herm   of 14162
 
Hi Kellis,

I was called out on ROST with a good profit when I sold the May 25s In The Money covered calls. In addition, I made some more money on the CALLS and PUTS on the side. My ROST net cost got down to around $20.50. ROST is going sideways at this time. You can continue to write covered calls for monthly income. Or, sell deep In The Money calls and get called out if you already have your profit. Sales may start to slow for the summer months. I don't expect too much upward spurt action until October or November. Steady growth with ups and downs. You can make money with that movement anyway!

I had to do some consolidation and liquidation to raise up some cash for income taxes and my new home.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext