SI
SI
discoversearch

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.
Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (11439)9/4/2003 12:55:31 PM
From: Gottfried  Read Replies (3) | Respond to of 95640
 
Cary, re selling lt out of the money covered calls: few things have been more frustrating for me than watching a stock on which I had sold Jan'04 oom calls rise above strike and see the call premium double. Too expensive to buy the calls back, so I'm stuck and the money in the stock is tied up till Jan'04. This is a better strategy in a falling market.

Gottfried



To: Cary Salsberg who wrote (11439)9/4/2003 1:42:52 PM
From: willcousa  Read Replies (1) | Respond to of 95640
 
I would sell 6 months out or longer. If the market tanks they will be a lot cheaper to buy back. Seems to me you are probing for a top and using the call premiums to cushion against a drop.

I made a ton of money selling leaps all the way down but I never got out at all because I didn't expect the severity of the drop nor the length of the bottom. I want to do better than than next time around.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News