SI
SI
discoversearch

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.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Peter Yang who wrote (40134)3/19/1998 12:40:00 PM
From: Wesley Zega  Read Replies (2) | Respond to of 61433
 
What in the h___ is going on - now 31 1/8. 28 here we come.



To: Peter Yang who wrote (40134)3/19/1998 12:47:00 PM
From: Bald Eagle  Read Replies (1) | Respond to of 61433
 
<< Now I only sell covered calls on stocks not volatile like
ASND (e.g. CS). What do you think?>>
You might be right. I'm relatively new to selling covered calls, so I'm still on the learning curve. I just sold some calls on my XON( much less volatile than ASND ) today. Now I get call money and dividends :-))



To: Peter Yang who wrote (40134)3/19/1998 5:37:00 PM
From: Barron Von Hymen  Respond to of 61433
 
I agree with you. Covered calls strategy is overhyped. You're absolutely right, covered calls provide very little protection if your stock plummetts. Also when they get exercised, you pay more commission, plus the cost of the spread on the options when you buy them.