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 : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: Dan Duchardt who wrote (1278)	6/30/2001 6:03:23 PM
From: Dan Duchardt	Respond to of 5205

OOPS!! It is also called a virtual call. Should have said "It is also called a synthetic call." Who knows what cob web that word got stuck in. Dan

To: Dan Duchardt who wrote (1278)	7/1/2001 1:42:41 AM
From: BDR	Read Replies (1) \| Respond to of 5205

<<You're right that the optimum time for both writing calls and buying puts is at the peak price of a stock. If you are a great market timer, that is certainly the way to go. >> I write calls when I think the stock price may not go much higher and may even fall. I make no pretense that I can call a top. Occasionally that is what happens but I realize that I am lucky and not skilled when it happens. I am just referring to the fact that the same instinct that would move me to sell calls should make me consider buying puts.