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 (13586)	2/5/2001 1:51:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 14162

>> I'm trying to figure out how I gave the impression of advocating out of the money LEAPs PUTs or CALLs as the buyer of LEAPs to perhaps write spreads. I didn't assume that, Herm. My comments were based on the fact that the value of a LEAPS appreciates or declines at a faster percentage rate than the underlying common, and I believe that is true of dim as well as fotm strike prices. If this is the case, writing front month calls on a declining equity would have far less favorable results if one were to use LEAPS as a surrogate for the common, no matter what strike price is selected. If your research shows this not to be the case, I'd be interested in examining the data. BTW, any comments on the second issue raised in my earlier post would be appreciated: Another point of interest to me right now - have you posted any ideas about cc repair strategies? My qcom feb 90's are looking pretty vulnerable. Would you recommend waiting it out until time premium is minimal and then rolling up and out, buying to close at a loss right now, or just letting the position (which is in an ira) be called? uf