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: TShirtPrinter who wrote (2271)	8/28/2001 4:54:31 PM
From: William	Respond to of 5205

>>they take the bid down I mean right in front of me. << Tony - I have had the same thing happen several times on other options, but in the 5 to 10 contracts range. I have pulled my bid (cancel the order), let them readjust the bid/ask, and tried again and have it hit. I have even received 0.10 or 0.15 more per contract at times. I don't fully understand what is going on behind the scenes but it works sometimes. And the underlying stock wasn't moving around a lot either. You may want to try. Doesn't cost you anything. William

To: TShirtPrinter who wrote (2271)	8/28/2001 5:20:11 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 5205

>> I like your terminology of swing trading around core stocks... Are you sure I wasn't talking about swing dancing <gg>? I owe a vote of thanks to Dale or Dan (I know it was one of the D-dummies), who outlined the merits of writing beyond front month. You and I both wrote 70s, but since I chose October expiry, I'm in position to grab a much larger payoff per share on the dip than you did. And I actually feel the risk is reduced by having the extra time. Interesting. duf