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: LindyBill who wrote (1662)7/30/2001 5:55:51 PM
From: 100cfm  Read Replies (1) of 5205
 
Should I should write them ITM, or just OTM?

Lindy

If you're leaning toward the ITMs due to higher premiums then I would wait till they move to the upper part of their trading ranges. ie Q, I would wait till it gets close to 67 and then write the 65s rather then writing the 60s which are the ones in ITM now. Chances of breaking out of the trading ranges are pretty slim these days.

100
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext