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 : Option Trades -- Ignore unavailable to you. Want to Upgrade?

To: scotty who wrote (611)	2/1/1998 12:49:00 PM
From: Thai C. Nguyen	Read Replies (4) \| Respond to of 2341

New to the thread. I am just getting started in options and was wondering if you can explain a little about the "selling a call strategy". I own shares of PWAV at $10.00 cost basis and want to sell feb10 calls for $5.00/sh (share is at $14 now). This, I think, is assuring me of a sure gain and the only thing I am missing out is the potential upswing if the price goes to $20 by feb. If it drops back down to 10/11, then I get to keep the premium. Am I missing something here or do I make it out too simple? Help!