Big Dog's Boom Boom Room Message Board

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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Big Dog who wrote (141098)	10/15/2010 1:00:11 PM
From: Bearcatbob	Read Replies (2) of 206182

"But wouldn't the price of the premium reflect the difference (if one looks at the same strike)? The Put is going to be a higher premium than the call since the stock price is closer to the put strike than to the call strike. If I am saying that right." Interesting - you mean you are selling a Put with a strike above the share price. I just checked one and it appears to be the same. I have never done that. See - you are seriously adding to the conversation. I have to think about this. A key point is that selling the OTM put gives you cash to use now. Commander and others - have you guys done that? Bob PS: I see you working guys are about to give me a $250 SS bonus - thanks!

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