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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (1169)6/2/2000 9:12:00 AM
From: Mark Z  Read Replies (1) | Respond to of 10876
 
One 'nagging' thing I've had is I sold some CSCO May puts, strike 65, when CSCO was at 70 or so a month+ ago. I rolled them out to July at options expiry and I should be able to cover them profitably today. I was getting quite worried when CSCO was hovering near 50!! This sort of reinforces the notion that when sold puts on solid companies go against you, just keep rolling because solid companies eventually recover.