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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: rolatzi who wrote (127392)	10/4/2001 2:31:48 PM
From: ild	Respond to of 436258

rolatzi, if you think that the stock will stay still you should sell next month and reload every month. If you think that the stock will be very volatile you should sell more time, so the wild moves will obliterate more time premium. I learned it from Michael Burke, even though he never advised selling naked calls. When I sell naked calls I want to get a lot for this risk. If the trade goes against me at least I got something. In August I sold March'02 naked SOX calls. So far so good. Good luck