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: tuck who wrote (10760)5/12/1999 10:51:00 AM
From: Jonathan Thomas  Read Replies (1) of 14162
 
Tuck,

Bummer, but it's cool, this is actually good for you. If it hangs under 12.5, you can let those premies earn money in your account while the time value decays..:) It might not be worth buying the puts now that the stock has dropped, but I would put a fair order in, it is moving all over the place, fluctuating in 15-20% range. You may get lucky and get them at a price you like, and later sell them on a dip. You possible undermine your position if you pay too much, so weigh it carefully. It looks like it is rebounding now (20 min delayed), you might get the put if you're lucky. Even sell it later today on a profit the way the baby is grooving and shaking..:) Good luck, this one is too wild for me, I like more predictable stocks to play options with...must be making you sweat though...

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