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Strategies & Market Trends : Roger's 1998 Short Picks

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To: McNabb Brothers who wrote (9701)6/8/1998 11:09:00 PM
From: ref  Read Replies (1) of 18691
 
Hank-
Thanks for your explanation regarding a preference for selling naked calls over buying puts. I can understand the affection for depositing the proceeds of the call sales, as opposed to shelling out for the puts, but I guess this has to be balanced against having to deliver the shares when the share price goes against you, no? I guess it has to do with one's comfort level with risk.
Thanks again - you have been generous once again with another novice.
Dick
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