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Strategies & Market Trends : Underexposed Technical Analysis

AQN 6.160

+0.3%

Nov 28 9:30 AM EST

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To: Underexposed who wrote (761)	2/13/2020 12:54:14 PM
From: robert b furman	Read Replies (1) of 914

HI UE, I never use a stop loss. To me that's like playing cards with your cards laid out face up. Instead I like selling a call that is out of the money. If it gets called - you get a surprise better price. As you know I sold some BRKS $47.50 calls and some @50.00 calls out into July. When brks bounced off of its 200 ema, I bought to close the trade on 2/3/2020. These trades added $3800 to my dividends and help boost the Pay to Wait for holding Brks. Better yet, it did not cause me a taxable event, extending my ownership (which was already established as a low rate of taxation id /when it happens). It is a neat way adding to your income above the dividends for a specific stock. If I can get 5% to 6% while holding a great growth stock - it fits in my portfolio and I do not want to lose my position or pay out 20% of my gain. That's just me. Bob

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