SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Thehammer
To: sm1th who wrote (1912)2/21/2018 11:06:56 AM
From: alanrs1 Recommendation  Read Replies (1) of 2591
 
I've been doing okay with a WDC buy/write the last couple of months.

Under 17K invested in 200 shares in late December, called away in Jan at 85.
Repurchased at market and sold Feb 90 call, expired worthless.
Sold Mar 90 calls yesterday at 1.30.

Up $654 so far on completed trades, with the $260 still out there.
Willing to do similar up to 100, might be able to hit 25-30% over the year.
Also willing to sell put(s) if stock goes to 80, roughly my current cash cost on the 200 shares anchoring this CD substitute. Dividend is okay too.

ARS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext