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 : VOLTAIRE'S PORCH-MODERATED

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boplicity who wrote (8311)10/22/2000 11:35:42 AM
From: RR  Read Replies (1) of 65232
 
Hi Greg: In answer to your question, I usually pick a strike whereby the underlying has to go up around 15-20% for me to break even by expiration. Oftentimes this results in a strike that is about 80% of the current stock price. This is not a set rule as this can vary greatly depending on the stock, its action at the time, expiration date, etc., as you know. I sometimes go deeper ITM, but usually I start by looking at those at about 80%.

Also, remember that I mainly buy calls with expirations 4-6 months out.

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