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: hpeace who wrote (4513)	9/8/1997 12:50:00 PM
From: Vol	of 14162

steve, i don't entirely understand either how buying a cc at a lower price and selling one at a higher price does anything but lose money. please explain for the simple-minded like myself. my limited understanding is that after i sold my cc, while the stock goes up i can only watch it and see if i get called out. yea, if it dips i could buy the cc back, and hope to sell one when it rises. therefore, i make a profit on the difference of the two. but i'd have to count on the stock going back up after i bought back my cc. is what you are describing some sort of repair? please share with us how one could repair, eg., my VVUS oct 30 cc when the stock is going up. (my 2 mcmillan texts are on the way from amazon.com) thanks, vol

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next