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 : Gersh's Option trades
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kaka who wrote (71)9/27/2004 11:37:31 PM
From: Elmer Phud  Read Replies (2) of 652
 
Kaka

I understand your point but everyone who writes options must have an exit strategy. I too enter short options positions with the hope and expectation that they will expire worthless but what if they don't? My style is to roll the Calls up and out and roll the Puts down and out. I never want to accept assignment and I don't want to suffer a loss. Is this your intention if they should become ITM or do you just close them out and eat the loss?

I am short straddles on Dec QQQ $33s and short Puts on QQQ Jan '05 $32s. Also HPQ strangles and playing EMC, ORCL, AMD, INTC, SCH, LUV and SGI with various combinations.

Please post your trades. I'll do the same but I need a few to expire before I take on more risk.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News