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: David Wright who wrote (10802)5/15/1999 12:42:00 PM
From: tuck  Read Replies (2) of 14162
 
Dave and Herm,

Waiting for the stock to hit the upper BB is good discipline as long as you have sufficient faith in the TA. I use it to time my rolls in conjunction with the relative time premium left in the calls in question. But I get nervous about owning stocks uncovered for any length of time in this frothy market, and look for positions in which I can write the call for good return as soon as I buy the stock.

For me it's sleep! Sleep! And I am happy to say that I am sleeping pretty well, despite owning a viper like Edify.

Indeed, we owe Herm our thanks, at least, for developing this, and ourselves a pat on the back for being respectful to everyone.

Herm, I may be in the mood to make a donation in your name to your favorite charity by year's end.

Cheers, Tuck

P.S. David (I think it was you, maybe Dan): you were right about margin requirements for naked put writing. They are lower than either of us would allow for ourselves.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext