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


To: David R. Doerr who wrote (81)7/29/1998 9:04:00 AM
From: Joe Waynick  Read Replies (1) | Respond to of 355
 
Welcome to the thread David!

Great thread. I am curious to find out if anyone has been using options for dollar cost averaging? The steps include purchasing the underlying stock, then selling a covered call. Finally you sell a cash secured put.

What you describe is a stepped in covered strangle. Where did you learn about it as a form of "dollar cost averaging?"