How To Write Covered Calls - An Ongoing Real Case Study! 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.

Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Vol who wrote (4267)	8/31/1997 9:00:00 PM
From: Herm	of 14162

Rarely, do I buy puts. Although, there comes a time a place when it is very prudent. Since, ALL stocks cycle up and down within a price range it would be to our advantage to pick up PUT LEAPS when a stock reaches the upper Bollinger Bands. A that point the PUTS should be the cheapest and have the best opportunity to appreciate as the stock moves down to the 20 or 50-day moving average of the Bollinger Bands. That could amount to a 4 to 10 point increase which is certainly worth the investment and the risk not that bad. It would further lower our net cost basis on the stock. But, you are write about news items that can make or break certain stocks.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next