Techie,
Do you have trouble differentiating between posters? At least you didn't attack me because of my name.
I see nothing contradictory with being long term EXTREMELY bullish, and short term willing to take some insurance premiums. If you had taken the time to read the thread since last summer, you would know that I have consistently agreed that stock prices -- and DELL's price, too, since it is a stock -- tend to go up AND down. DELL's just tends to go up further and more often than it goes down.
You would also know that I like to give credit where credit is due. If someone makes a nice profit on the short side, I congratulate that person. A number of people have actually had 'short' profits. Some, like Hank, failed to take their short profits, so I guess you could say that had VERY short profits. <g>
IMO, there is some predictability in DELL's price. I have never disguised that opinion, nor have I disguised the fact that I attempt to use that knowledge to add a bit of additional profit. Nor have I failed to admit that I have lost opportunity money selling covered calls on DELL.
FYI, in my trading account
I currently hold 1000 DELL long, with JUN 85 calls written on half of them, and am short against the box on the other half.
I am short DELL puts (naked)
I have a LOT (for me) long term and LEAP calls.
I expect to write more puts after expiration.
I would very much appreciate it if you would find and post the last time that I 'hyped' the stock. And, speaking of scams, what is your position?
3.
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