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 : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Douglas Webb who wrote (7798)	6/29/1998 9:39:00 PM
From: Tom K.	Respond to of 14162

Doug, you're a dynamite programmer and a real contributor to the thread. It's a shame that your option investing luck hasn't matched up to the other talents you've shown. I know that you didn't ask, but here's a perspective to mull over for the future..... options are derivatives and as such, tend to react in a fashion similar to the stock they represent. With that said, stick with only the best issues. If you can't afford the stock to do a CC, consider selling a PUT on it(margin requirements as low as 20% of the underlying) and the profit potential actually seems better. If that's too high an outlay, consider a bull PUT spread for a credit. Most importantly, keep track of each trade, you'll probably see a pattern that you can learn from. Someone said this is "Wall Street University" and we have to pay tuition for our learnings. Best to avoid repeating too many classes. Good luck. Tom