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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)
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To: At_The_Ask who wrote (372)1/27/2002 4:43:23 PM
From: Moominoid  Read Replies (1) of 2852
 
Yup, I am trying to make a living by selling naked puts and covered calls.... Because of my trip I sold the February contract instead of January (last contract I did was December). Naked puts are no more risky than buying stocks on margin. I need 35% margin to buy News Corporation shares and about 30% cash margin in total to sell News Corp puts. I also have Mayne Group puts sold for February.
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