ed: hi. I want to make sure I understand your thought, that owning the 01/22.5 deep in the money calls, would enable you to take advantage of a dip.
'''''Is this because it doesn't require much cash to get the 01/22.5 position, in a size equivalent to the partial position you might sell? Which leaves lots of cash to buy, should there be a large dip sometime? Can you give some percentages; that is what percent of presently tied up cash, would be freed up?
'''''You would then hold the calls long term, and use that leap call position, to reacquire the shares long, before the leaps expire? This takes the pressure off the dell shares performing for you, short term...?
'''''I think what confuses me, is why this has not appealed to you so much, in the past. For example, wouldn't you be better off just writing puts, which has been so reliable for you. Or do you see that changing----I doubt that.
'''''I thought leap calls were not of much interest to you. I am surprised you are thinking along these lines. I have been also. |
