Option Strategies Message Board

STOCKTALK

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 : Option Strategies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: alanrs who wrote (1797)	10/5/2016 12:26:50 PM
From: Jim P.	Read Replies (1) of 2591

Too tempting with the entire sector going up on the ACIA increased guidance. Bought more OCLR at $9.03 on a dip this morning and sold covered calls for November for $0.85 on a bump up to $9.10. I think my chance of losing money on a basis of near $8.20 is low. and the 8% max profit over a little under 2 months is plenty of upside IMO. Sold all my SLCA although I have some with short covered calls strike $46. This stock has had a great run but not unexpectedly follows the price of oil. Oil near the top of its recent range. Maybe it will correct and I will start a position again. Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next