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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (141098)	10/15/2010 1:00:11 PM
From: Bearcatbob	Read Replies (2) \| Respond to of 206184

"But wouldn't the price of the premium reflect the difference (if one looks at the same strike)? The Put is going to be a higher premium than the call since the stock price is closer to the put strike than to the call strike. If I am saying that right." Interesting - you mean you are selling a Put with a strike above the share price. I just checked one and it appears to be the same. I have never done that. See - you are seriously adding to the conversation. I have to think about this. A key point is that selling the OTM put gives you cash to use now. Commander and others - have you guys done that? Bob PS: I see you working guys are about to give me a $250 SS bonus - thanks!