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 : How To Write Covered Calls - An Ongoing Real Case Study!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Herm who wrote (4838)9/18/1997 2:37:00 AM
From: jim clabaugh   of 14162
 
re: TECD

i bot sep30c some time ago.
i wrote sep40c and then bot back twice.
then i wrote sep45c when it was at 43.
little did i know it would settle at 50 on expiration.
friday, i'll have to exercise my options into stock and then do something with the short calls.

now, my questions.

do i buy back the 45c and wait (raising my basis $5?
do i buy back the 45c and sell the oct45c lower basis $1?
do i buy back the 45c and sell the oct50c raising nut $2?
do i buy back the 45c and sell the dec50c for a wash?
do i let it call away and smile with $10 profit?
do i let it call away and buy dec calls? at what strike?
these are only a few of my 'options'.

options are wonderful, but sometimes too many options are confusing.

tia,
jim.
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