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Strategies & Market Trends : Short-termSelling Puts (Covered Calls by another name)

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To: Rocky9 who wrote (42)12/27/2006 12:29:29 PM
From: Rocky9  Read Replies (1) of 66
 
With MNTA and NURO continuing to act stronger, I feel a lot better about my current trades.

I have been giving a lot of thought about whether (and when) I should extend the MNTA Jan sales to Feb. My current thought is to wait a couple weeks and then do 12.50 puts and 20 calls, instead of the current 15s and 17.50s. I could leave a lot on the table if the decision is past the Feb expiration date, or there is not a clear decision. But I think that my risk also goes down a lot.
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