How To Write Covered Calls - An Ongoing Real Case Study! 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 : How To Write Covered Calls - An Ongoing Real Case Study!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Herm who wrote (7532)	5/29/1998 11:00:00 AM
From: mc	Read Replies (3) of 14162

Herm or anyone else out there who might care to comment: I bought SESI at 8.5 in March and currently have a nut of 7.30 When the stock was on the upper BB I sold the Jun-10 in the money calls. Since then, SESI has hit and bounced off the lower BB and RSI is starting to move up. Unfortunately, I haven't been paying a lot of attention to it this last week and missed the chance to buy back the calls at the turn up a few days ago. In a situation like this, do you buy the calls back (still profitable) and be grumpy about missing out on some profit by not buying them back sooner or would you risk letting the stock get called away? SESI currently trading at 9 7/8 x 10. Thanks, Gary

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next