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.
Technology Stocks : INTEL TRADER

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MonsieurGonzo who wrote (8979)2/15/2001 1:16:57 PM
From: Jurgen Trautmann   of 11051
 
cont. QQQ / short calls

Steve, this morning we had no-cloud-blue-sunny-heaven and K. urged me to walk a bit along the Saar - thus I had to stop writing IMMEDIATELY.

What I like to add is that this system is - like you told - nearly free of stress.

IMU the focus is shorting calls - the QQQ-gains itself are "normaly" limited (if not last year...) by around 40%.

What do you think about covering that call-shorting by long leaps? A jan02-leap at the money should sell around $10, so the cover for your 100k would cost less than 20k.

I'm sure you have considered this and was curious what reasons you've found against that model.

Nevertheless, one resume still here and now: Even if this is the usual model of institutional investors and I knew that of course, I never was thinking over that IN DEPHT like K. and me did that during our walk.

I'm hurry again but I will look at this from each side asap.

Thank you for this "inspiration", thank you for taking the time and expanding all this here.

Must goto diner!

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