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Strategies & Market Trends : Short-termSelling Puts (Covered Calls by another name) -- Ignore unavailable to you. Want to Upgrade?

To: Rocky9 who wrote (51)	1/23/2007 6:52:12 PM
From: Robohogs	Respond to of 66

Similar results methinks. I also do not count regular SEPR. The trades in SEPR I outlined here were covered calls and the net impact was basically a wash losing big on 57.50 calls offset by other calls written - strange how that happens! Jon

To: Rocky9 who wrote (51)	2/19/2007 9:51:17 AM
From: Rocky9	Read Replies (2) \| Respond to of 66

Terrible month, however you look at it: Clear wins: VPHM 15 puts (in two accounts) VPHM 15 calls (in two accounts) ASPV 20 puts Mostly win: ARNA 12.50 call Sort-of-win: ACAD 7.50 put Losses (in order of size): NURO 12.50 put NURO 12.50 call (in two accounts) VLTR 15 put (would have been gain if I had not bought it back) MNTA 15 put (in two accounts) MNTA 17.50 call MNTA 17.50 put (in two accounts) The uncovered gain in VPHM offset the uncovered loss in MNTA, but not the total loss in MNTA and NURO. The overall loss wiped out the gain in January and has March on a questionable start. OTOH, how much lower can MNTA and NURO go? If I can sell some calls at halfway decent prices, I will be tempted to do more puts on the next retreat. I am also tempted to go back into AGIX too (and that one would be the riskiest of all - totally depending on a report after the day of expiration).