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

To: Herm who wrote (8940)11/5/1998 10:54:00 AM
From: the options strategist  Read Replies (3) | Respond to of 14162
 
Herm, threaders, would anyone like a list of stocks coming off the bottom to study and discuss for cc?



To: Herm who wrote (8940)11/5/1998 12:14:00 PM
From: Cents  Read Replies (3) | Respond to of 14162
 
Threaders, I just discovered CC writing. I own 200 shares of IOM @9.5

yesterday, at my brother's urging....I wrote my first calls 2 Nov 7.5 @7/8. The stock appears to be in uptrend and is at 9. For some reason I feel that I have not taken advantage of this runup and may have written the CC too early. I'm somewhat confused about the bid and ask prices when it comes to writing the CC's.
Can someone please explain how the bids and asks are related to selling covered calls and cash-secured puts?

Thanks in advance.

Cents



To: Herm who wrote (8940)11/6/1998 12:04:00 AM
From: Dr. No  Read Replies (1) | Respond to of 14162
 
Herm:

Thanks for your analysis on xyln. I bought it at 12 1/2 and looking forward to writing CC when it reaches around 22.

How can you tell that it will go up to 22 before it turns around? I see it hugs the upper BB and keeps going up. But why 22 and not higher or lower?

Thanks

Mo


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News