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 : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 159.13-4.4%Nov 11 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cary Salsberg who wrote (9854)6/1/2001 12:25:28 AM
From: Jerome  Read Replies (1) of 10921
 
Covered calls are useful in stable situations or when the stock is close to fully priced

This opinion is out kilter with reality.

1)Covered calls are useful in stable situations.... If the situation were stable there would be no significant call premium.

2) When a stock is close to fully priced........In the example given... ASYT was a good covered call write when it was 12 15, 20, 25 and 40. Its the volatility that makes a covered call an investment consideration.

But as always opinions differ.

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