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To: Bearcatbob who wrote (165865)3/21/2012 8:42:54 AM
From: Robohogs  Read Replies (2) | Respond to of 206194
 
I am short Sept2.5s from weeks ago for 15 cents on PVA. Problem is lack of strikes.

Looking at trades here, I get the sense Keith is most agrressive generally selling ATMs only with you the most conservative. Katytrader is close to you, CC is in the middle as am I. I do not have a solid guess on S+P. this is in terms of positioning cushions and types of stocks used but does not factor leverage and hedges and diversification. I think I am most out there on leveragage but probably more diversified (offset by leverage as a 15% position may be 30% of equity as a made up example).

How do others size the total value of puts sold or premium sold vs equity bases?

Jon



To: Bearcatbob who wrote (165865)3/23/2012 12:50:19 PM
From: Keith J1 Recommendation  Read Replies (3) | Respond to of 206194
 
Bob,

Sorry about the Bearcats last night.

You should look at STX for BPS. Liquid and very tight bid/ask spreads.

KJ