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 : The Covered Calls for Dummies Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lucifer who wrote (1150)6/21/2001 1:34:02 AM
From: FaultLine  Read Replies (1) of 5205
 
Hello lucifer,

Pleased to meet you. I see you have only posted once or twice a year for the last three years but we hope you will make cc4d one of your devilish habits. <g>

Your ITWO position is not bad. I would have liked to hold this position myself. I think ITWO has great potential in the future.

I presume this is a Buy/Write situation -- that is to say you do not mind being called. My take:

If called: 2000 + 140 = 2140 per contract for $340/contract profit which is about 16% or so.

If unchanged: 140/contract profit + holding the original stock

Break even: 18.00 - 1.40 = 16.60 (so-so)

Please make yourself at home, lucifer. You can sit anywhere you want...

--dfl@areyousizingupmyintrinsicvalue?mytimepremiumisshrinking.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext