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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Philip B. Reitano who wrote (248)2/22/1997 10:38:00 AM
From: hpeace   of 14162
 
philip. had you sold the naked put 45 on ROST and it closed at 46.5
then you keep the money and you will not be put the stock.

If you bot the 45 put at 45 then you lose all the money you bot it for.

Selling the ROST 45 put would have been a great strategy. I listed this as a play a while back. I'll keep all the put money plus the other half of my protfolio increases. It's a type of hedge play where I'm wanting to buy the stock at 45 anyway so why not sell the naked put at 45 and the worst that can happen is something I want to do anyway
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