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Strategies & Market Trends : Picks of the quarter
ATHR 5.590-2.6%Jan 16 9:30 AM EST

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To: Patrick Slevin who wrote (8933)1/13/2010 10:24:20 PM
From: Bearcatbob  Read Replies (1) of 20435
 
No disagreement - just a quest for understanding.

"My line of thought is that being Short Calls and Puts is not conservative for a retiree.

Being one myself.

I guess we will just have to agree to disagree."

Do you consider a covered call being short the call? If the call was not covered by shares I would agree.

As for cash secured puts - do you see any difference in the risk vs holding the shares?

I would agree that covering with long put positions is very good insurance and very conservative.
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