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 : Calls and Puts for Income

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam Citron who wrote (3092)9/26/2008 12:21:23 PM
From: kaka  Read Replies (1) of 5891
 
Sam,

re: .....you are gambling with the principal in the stretch for income.

You bet. Single stock events can wipe you out. Look at RIMM today. No amount of covered calls will hedge a 26 point move to the downside.

Broad based ETF's or indices are the way to go, even for buy/write strategies. WIth the VIX at 36, premiums are lofty.

cheers,
k
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext