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: zebra4o1 who wrote (181315)	11/12/2013 1:55:44 PM
From: Big Dog	Read Replies (1) of 206191

I sold covered calls on long stock. I think there will be a trace back and a chance to buy those calls back shortly. Or, if they get called, I'm still ahead. Also closed a put spread I have been rolling "forever". (Long 50's, short 60's.) This gem made lots of cake over and over, but time to let it go. Earlier, I bought long call options with a January 100 strike at a pretty cheap price. I decided to play it long this way, and write calls on my long stock. If she zooms, I get called on the stock, but have the options for profit. And if nothing happens by the end of the year...I'm done, as I'm sure many others are. big

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