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Strategies & Market Trends : Jimmy's Option Pit and Undervalued Stocks -- Ignore unavailable to you. Want to Upgrade?

To: jimmy who wrote (2)3/17/1999 7:41:00 AM
From: Carolyn S.  Read Replies (3) | Respond to of 47
 
Hi Jimmy -

Could you explain why you sell puts instead of buying calls ?

Thanks,

Carolyn



To: jimmy who wrote (2)5/18/1999 6:47:00 PM
From: Sam2482  Read Replies (1) | Respond to of 47
 
Jimmy...when you sell the naked put and the stock goes below the strike do you buy back the put at a loss or take the stock and then sell calls on it ? I sell naked puts on stocks that I wouldn't mind owning at the right price i.e. LU. If I get put the stock I sell calls.


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