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To: Don Martini who wrote (128655)5/25/1999 9:13:00 PM
From: Kayaker  Read Replies (1) | Respond to of 176387
 
Hi Don! Dang, just when I catch up to your put shorting, you switch to something else (I'm currently short a pile of ATHM Jun 130 puts).

Just to clarify, are you doing the "covered straddle write", i.e., a covered call, plus a short put?



To: Don Martini who wrote (128655)5/27/1999 10:43:00 PM
From: Tom K.  Read Replies (1) | Respond to of 176387
 
October came early this year! My charts look like a sale on red paint...

What happened to the strategy of rolling out and down to eliminate the red? Come on, Don... I was just getting the hang of the strategy that you taught me and now you switch to straddles. But give me a hint... what went wrong with the PUTs so that I can avoid "red paint". Thanks.

Tom


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