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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (26419)	3/5/1998 3:29:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Barry, It depends on two factors in my system, how much I have made on the position and how soon expiration day is arriving. If I have a double or a triple, and expiration day is within a few weeks, say 3 or so, then I will roll down and out. If expiration day is more than a month away, I tend to run them until I get a quadruple, then I roll down and out, assuming I still like the stock on the downside. My style is to try to squeeze out a lot of profit while paying minimal friction costs. MB