Semi Equipment Analysis Message Board

STOCKTALK

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 Equipment Analysis

SOXX 306.14

+0.4%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: willcousa who wrote (11437)	9/4/2003 12:46:22 PM
From: Cary Salsberg	Read Replies (2) of 95632

RE: "I am thinking about selling CC's as we approach what appears to be a top." Short term covered calls, next month or 2, do not afford much downside protection relative to the risk at the top even if they are rich. Long term covered calls, 6 months or so, offer more of a premium, possibly 10 to 15% for out of the money, but I would use them when I thought prices got too far ahead, not at the top. If you think you are at the top, sell! It will be very difficult because everyone else will think there are huge gains ahead. If you are able to compound the problem with options and still act correctly, you are a better man than I think I am.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next