Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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! -- Ignore unavailable to you. Want to Upgrade?

To: Herm who wrote (12256)	1/26/2000 8:51:00 AM
From: Ken Adams	Read Replies (1) \| Respond to of 14162

Herm, Why are you guys "talking" to brokers? I mean, why not just do it online and avoid the speech. I haven't talked to a broker in ages. Then only to question a less than speedy confirmation, or something similar. My trading has improved considerably since I don't "talk". Ken

To: Herm who wrote (12256)	1/26/2000 11:12:00 AM
From: PeterCS	Read Replies (3) \| Respond to of 14162

Herm, I read in the book LEAPS that Roth talks about using leaps to cc. He would use the leap as the call against the stock. Now I realize the premiums are higher, but will not the long time remaining prevent the leap from moving as much as a shorter term call? In a case where one sets up the position and say in a few days or a few weeks the stock moves up will the leap move as fast as the short term call? The way I see it the the leap will not move as much as the short term call will.I can see it if one is going to hold the position for about a year, but that may be through a number of cycles and we would prefer to get in and out on each cycle. I also see the value of the leap to give one a lot of time if one is wrong on the position,but I am talking about short term moves. Anyone can answer and thanks.