For those who are just experimenting with options, this
is what my Nov calls looked like
Csco Nov 60, cost 2.88, sold 10
Csco Nov 65, cost 1.50, sold 4 7/8
Csco Nov 65, cost 2.56, sold 9
Dell Nov 45, cost 12.88, sold 19
Dell Nov 52.5 cost 9.57, sold 12
Dell Nov 70, cost 5.75, lost
Del Nov 70,cost 1, sold 5
Dell Nov 70, cost 1, lost
Plcm Nov 15, cost 1, sold 3
Plcm Nov 15, cost 1, sold 2.68
Rnwk Nov 35, cost 4.50, sold 7
What has worked for me( but may not for others), is to mix up the strike prices a bit, to buy at varied times,and to sell some when they are up.
In the case of Dell 70's, I sold some when they were at 5
to cover the cost, else would have lost all.But the 45 and 52.5 would have saved the day anyway.
Same with Rnwk, I sold those early or they would have vanished
also, and some Plcm was sold early, which made litte difference
in results.
Of course it may be nescessary to kiss these all bye-bye if the
th market or stock goes down rather than up.
UH Oh:
Ralph Acampora is on the Tube.
SES |
