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 (1800)	10/12/2016 6:39:57 PM
From: Jim P.	Read Replies (2) of 2591

I bought back the covered calls sold on OCLR on the recent drop. Seems the sector is selling off with ACIA and does not reflect a change in fundamentals. I am also watching KMI and noticed it is getting close to buy price or selling cash covered puts. I will be very tempted under $20. Quite a bit of short term negative news on the pipeline building front with the DAPL pipeline delayed and some environmental vandalism on Canadian to U.S. pipelines. We will always need pipelines. I own WMB but will likely lose all of it to covered calls at a strike of $28. Stock just ran away from me. Not a bad deal IMO. Sold them in an IRA. I expect to get a chance to buy it back eventually. Sold a few puts on TWTR at a $17 strike today with a 10/21 expiration. $0.45 or over 2% for under 2 weeks. Kept it very small. 5 contracts are a position I can live with if it takes a dump. Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next