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 (8499)	9/9/1998 2:06:00 AM
From: Deep IntheMoney	Read Replies (1) of 14162

XIRC was a really was a great pick!! Interestingly on the day it closed at 15 1/2 I looked up CBOE and Sept 17 1/2 were trading just over 1. The option price never caught up to the intrinsic value that day so I considered excercising so called my broker to figure out what discount he had being a market maker. I left an order to excercise next day if the math was the same. Next day it opened 2 points up. I got rid of all 10 XIRC Sept 17 1/2 at 1 (bought at 1/4) and half my Dec 15 at 1 1/8 (bought at 5/16). Both trades were in the spread. Between the spread always fills with my full service broker. With my online it doesnot even get to the floor forever. I am going to let my Dec 15 run way after Lord Greenspan's charms fades away.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next