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.
Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: wilywilly who wrote (37788)8/21/2005 12:27:08 AM
From: rrufff  Read Replies (1) | Respond to of 39683
 
Thanks for the great post. That gives me a perspective I hadn't really evaluated. I didn't realize the premiums were that low but it makes sense. Bald Eagle suggested 20% and I assume he means 20% above appreciation and dividend but maybe I assumed wrong and he meant 20% all around??

I've been thinking of CC's on GOOG and Yahoo, but I had all this XOM sitting here and I've been debating selling, CC, or just continue to ride the oil patch...

Thanks again.



To: wilywilly who wrote (37788)8/21/2005 11:39:05 AM
From: stock2005  Read Replies (1) | Respond to of 39683
 
All tax loss from options can be used to increase cost basis for underlying stock and profit to reduce cost basis, last I checked but you do your own DD. Options are not reported to IRS so you need to keep those records for long time.