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 : The Covered Calls for Dummies Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Uncle Frank who wrote (4477)10/4/2006 5:49:06 PM
From: im a survivor  Read Replies (1) of 5205
 
Ahh...I mis-read you...my fault......I was wondering because you mentioned you were nervous and I was thinking 'why be nervous...you just paid a measly $120 ( or whatever it was) per contract for insurance'.......

But obviously, as you said, I thought you BOUGHT the puts.....

Ahh, writing them instead...well, that certainly is a bit less 'conservative'<g>, and I imagine you are going to be quite happy or quite bummed if qcom makes a major move up or down....

But what the hey.......ya cant win if ya dont play.....Best of luck.....

On a different note, I own the stock ( bby), but havent been writing CC's on it..instead I've been simply buying the calls on dips and selling when it pops.....been doing that with BBY for awhile now.......it's like taking candy from a baby.....Playing the (past months obviously and....)right now and of late, oct 55's - 60's -...months oct thru jan 07

the dec 57.50's have been great to flip.....heading into this season, BBY and others in this sector tend to run hard as most are looking ahead and know that the holidays are best for this sector....the calls have been giving awesome short term gains/flips.....I need another dip as I sold most calls in that sector today after all the strength, and want to make sure I stay long some of the better high end retailers ( calls) in the dec - jan exipry area....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News