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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?


To: sm1th who wrote (2138)7/16/2020 12:29:23 PM
From: Thehammer  Read Replies (1) | Respond to of 2591
 
I should try that. IMHO what D did was criminal. I am guessing there will be class action lawsuits. I have never agreed with these suits but in this case.....



To: sm1th who wrote (2138)7/16/2020 1:17:16 PM
From: robert b furman  Respond to of 2591
 
Hi sm1th,

Thanks for the updates.

Our group is more active than I thought.

Good info all. If we keep up the posts and trades we may get more traders here and attract some less experienced traders.

I know I wished I had learned the technique about 30 years ago. <smile>

Bob



To: sm1th who wrote (2138)7/16/2020 1:17:46 PM
From: Thehammer  Respond to of 2591
 
I added more covered calls:
ACN AUG 235
CMI SEP 200
D SEPT 82.5 Thanks for the idea)
GILD AUG 82.5
LMT AUG 400
UNH AUG 330

trying to sell WEC SEPT 95



To: sm1th who wrote (2138)7/28/2020 4:27:39 PM
From: sm1th  Read Replies (1) | Respond to of 2591
 
D dropped about 10% when they announced sale of pipeline business a couple of weeks ago. Sold Sept 82.5 covered calls for 1.20. Should more than cover divi reduction likely after sale of part of the business.
This idea hasn't aged well, D up to 82 today. No reason to act yet, but need to watch closer than I expected when I wrote it.