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 (10377)4/14/1999 9:48:00 PM
From: fubsy cooter  Read Replies (2) of 14162
 
please advise on my cpq strategy:

i have an order in for 500 shares at 23.00. if i get them i will purchase hedged puts several months out at 17.50 in case of a market meltdown. i am assuming that cpq will trade sideways for a while so i don't intend to buy sideshow calls when i sell covered calls . my target for the cc's will be in the neighborhood of 2.00 - 2.50. hoping to generate about a thousand a month with this strategy. any suggestions to better hedge myself or optimize gains. i chose cpq because i think most of the downside has played itself out. also think cpq will be tremendous investment in the future. figure i will have to sell cc's slightly in the money to get the value i'm looking for. thanks, fubsy
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext