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 : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: R.E.B. who wrote (79359)12/16/1999 3:10:00 PM
From: JakeStraw  Read Replies (1) | Respond to of 90042
 
R.E.B., yup I expect a lot of consolidation in that sector and the financial sector (banks/brokerage/insurance) next year.



To: R.E.B. who wrote (79359)12/16/1999 3:16:00 PM
From: unctarheel  Read Replies (1) | Respond to of 90042
 
Thanks for your input here. Selling naked puts does eat into your margin account. It just so happens that the ones you sold are so far out of the money that you may not even notice the difference in your account. Formula is such that selling closer to the money puts requires you use up more margin to make allowance for possible purchase of shares.



To: R.E.B. who wrote (79359)12/16/1999 3:21:00 PM
From: A. Charles  Read Replies (1) | Respond to of 90042
 
options...I would advise anyone thinking about trading options, naked or otherwise, to learn to use the Black-Scholes valuation formula to compute implied volatility. The best reference is McMillan, Options as a Strategic Investment.
Happy trades,
ac