SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Caroline who wrote (8633)9/19/1998 5:36:00 PM
From: Herm  Read Replies (3) of 14162
 
Yes, Caroline! I already own 700 shares of BTGC. Doug owns some BTGC shares already and plans to exercise the remaining long calls someday. Just remember that any CCing should be done with a minimum of 300 shares or 3 CC contracts. Anything less than that is eaten up by commission cost.

Now, your steps number 1 and 2 call be done at the same time as a buy/write. That put might be expense! Consider the Oct. 5 PUT instead and load up with twice as much.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext