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 : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (3115)	10/1/2008 8:43:13 PM
From: Jerome	Read Replies (1) \| Respond to of 5891

Hi Gottfried....concerning no significant news? Would you consider the failure of the house to pass the $700 B bail out bill a No significant news day?

To: Gottfried who wrote (3115)	10/1/2008 8:57:56 PM
From: Jerome	Read Replies (1) \| Respond to of 5891

Call premium vs risk.... having seen many of my best ideas trashed in recent weeks, I have developed a fear of posting, lest I be added to a slew of ignore lists. I have done the math on dozens of distressed stocks and have come to the conclusion that the best plays (safety and premium wise) are the ETF's. And the best of these would be UYG. Because UYG is leveraged it commands better premium than XLF. My second choice would be FRE. Its a $2.00 stock but the 3 strike for Oct. is worth .30. With passage in the House of a financial rescue bill, the outlook for this stock is greatly improved.