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 : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (37650)	11/12/2000 5:53:01 PM
From: rudedog	Read Replies (2) \| Respond to of 64865

Tazio - mostly I sell covered calls - occasionally I sell puts but that has not been either as low risk or as high return. I buy calls or LEAPs as a proxy for stocks I like, to leverage the investment. I have almost 80% of my portfolio against covered calls at any one time, and never have more than 20% at risk on any option buy. I sell out of the money calls, near term, and usually hold through expiration, but if the position turns against me I buy back as I don't want the stock called, in most cases. Once in a while I will buy protective puts if I think there is some short term event which will affect stock price, but those are pretty rare.