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 (4840)3/13/2007 2:47:20 PM
From: im a survivor  Read Replies (2) of 5205
 
Thanks UF......Yea, that is something I have been looking at.....I actually had them covered with the APR 40's like you, but already 'rolled' those to the apr 42.50's.

That was my thinking...if I cant come up with something 'logical', then I just keep rolling them to different months and higher strikes and be patient.

However, I've been looking at everything...some way for me to straddle/hedge or something so that I dont have to worry about being called or worry about rolling them over.......

The more I think, the more I confuse myself ;>)

I was going to sell a boatload of puts and have been racking my brain to see what that will do for me, but again, even though I know what I am doing, I seem to be confusing myself the more I think <lol>.....

What are your plans? You gonna roll the 40's? There has to be a more creative way to 'hedge' our CC's and not get called.......I used to be very active at this, but got involved with forex and havent put much brain power in to options of late aside from basic CC writing, but I know I have been in this situation before and found creative ways to 'hedge' my position....yet now I seem to only be confusing myself ;>)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext