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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (29625)1/21/2001 12:46:40 PM
From: pinhi  Read Replies (2) | Respond to of 65232
 
Great post Keith. I totally agree with everything you said. I've been doing the same thing with EXTR myself.

Pinhi



To: im a survivor who wrote (29625)1/21/2001 4:40:33 PM
From: minorejoy2000  Read Replies (3) | Respond to of 65232
 
KG4,
<<..great stock to buy on a dip cover immediatly with next month otms and take your 10 -13% >>

Since I'm new to this, please bear with me while I get my stupid questions out of the way first...
next months otms...I assume you mean strike prices well below today's stock prices (not above)??
M



To: im a survivor who wrote (29625)1/21/2001 6:52:14 PM
From: Jill  Read Replies (1) | Respond to of 65232
 
In retrospect, I would've like to cover half my cmrc, since it was at the low end of the channel, and then cover the other half on a bounce (I couldn't have predicted 28 by any means, but certainly up to 21 or so.)

I think GMST's paying a little better than EXTR right now, and I'm tending toward it. This portion of my trading acct is for stress-free income though, so I'm not sure about the buy-writing up and down, that's a bit of micromanaging and I was hoping to take a little time off. It's a good idea tho and I"m glad you're doing well with it.