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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?

To: Robohogs who wrote (4994)	12/21/2011 4:40:55 AM
From: dealmakr	Read Replies (2) \| Respond to of 5891

Hi Jon, For the amount of capital committed to this SVU trade, it has worked out better than a few others that I have going on that I tally up here. Volatility has provided some good premium for put writing along with covered calls and the dividend gives a bit of support while you wait it out. Another trade that I am doing is on GE. Have been writing puts and calls over the last 6 or so months and it has been as low as around 14 from where it broke down from the 18 area. With the recent dividend increase it now yields about 4% and the options are providing a decent write from both the CC & NP sides. Am also looking for some new positions in the coal stocks for put writing ANR,BTU,ACI etc. when they break to the downside again. CLF & FCX & IWM am using on the weekly series for put writing when applicable and when they look oversold. Happy Holidays and Good Trading to all. dealmakr