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 : Strictly: Drilling II

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: t4texas who wrote (11205)4/25/2002 7:20:32 PM
From: kirby49  Read Replies (1) of 36161
 
t4

(oh, and yes, sometimes i get uncovered puts put to me rather than buy them back

Can you explain to me how this actually happens and how often?

i got some f put to me

f? Freeport, Fransisco, just a letter?

17.50 + 1.50 = 19.00, the other made up from the premium selling the original order?

also selling time puts you on the side of the "house." in options that means you make money about 75% to 90% of the time

Being the house only hurts when you get too greedy like Merrill Lynch<GG>. Only play against the house, small amounts, when you're sure the house is going to change sides.

Good observations, thanks

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