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: Herm who wrote (9019)11/13/1998 11:03:00 AM
From: Bob Smith  Read Replies (1) of 14162
 
Herm,

Does it make sense to write covered calls when a stock has hit the the lower BB and the RSI .

The strategy is to get place the covered call price high. That is if a stock channels between $5 & 10 a share... why not write covered callls when the stock is at $5 ( and a call strike price at $10)....you can ride the value up with the stock.

If you get called out you win...if it goes down any more you are covered.

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