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.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: SecularBull who wrote (153279)	2/8/2000 2:41:00 PM
From: edamo	Read Replies (1) \| Respond to of 176387

lof...for a great investor, why would you sell a put in a stock that you expect to go down....why not wait till it meets your expectations of going down, sell the put at the oversold moment, capture a greater premium and reduce your risk.... guess your "wade cook advance options strategy" doesn't address timing and position entry.... do you do anything beyond buying calls or puts....??? i, as a "newbie", would be enlightened by one as you with such depth in advanced strategies...

To: SecularBull who wrote (153279)	2/8/2000 3:08:00 PM
From: GVTucker	Read Replies (2) \| Respond to of 176387

LoF, RE: Hence my near-term bearish (I expect it to go down), and long-term bullish (I want it to get put to me) stance. I'm amazed that this guy doesn't get it, but I guess he's stuck in a one dimensional train of thought. Thanks for helping to enlighten the newbie. You know, I wasn't going to wade into this, but you're starting to mislead people, and that can be dangerous. Selling naked puts isn't bearish. It isn't bearish near term, it isn't bearish long term. It isn't any more bearish that buying a stock and selling a call, which provides for the exact same return schedule. If you expect a stock to decline in the near term, selling a put will lose you money. The only exception is in the rare case when the volatility declines by more than can be accounted for by a stock price decline. In this case you would make money more by lucky timing than stock selection.