A very important difference, indeed. Calls very deep in the money often have little to no premium. There's that risk/reward thing again. The...
You are forgetting the dividend, $.80. Another way to do the math is..... 72.92(MO) - 4.30(Apr70call) - .80(Dividend) = 67.82(Total Cost) If...
Well, I guess my math was wrong. It's 6 weeks, not 7. So it is 26.8%, not 23.1%. All the better! :)
I know some on this board don't like covered calls; capital intensive..etc, but some do. They're easy to understand, and I would be willing to bet...
Thank you. I found it funny that the guy who was telling someone they had "a lot of learning ahead" of them could make such a statement.
What sounds better, a Les Paul, or a Stratocaster? Depends on the song, the player and the mood. They're both used to make music. I use 'em...
cnms2 posted a link to real neat option calculator, http://www.ivolatility.com/custom/pbc/ Thanks again for that. I have found two more...
I've read these terms so many times in this forum, but have been embarrassed to ask what they mean. For those of you like me, here are the...
Thank you very much for posting that link. What an awesome tool. Arnie
March 60 Put's, 7@.40, 5@.55 March 65 Put's, 7@.45 5@.25
Chris, You've really turned on some lights in my head. :cool: I now see many possiblities of profit and protection. Thank you very much,...
I think I get it now. I am short 12 Mar 60 puts, bid .00, ask .05. maintenance requirement, $11,487. I could buy them back, and free up that...
Chris, One question, buy a 60put of the same month? Sorry for having to be spoon fed.:( Arnie
Chris, Thank you very much for the explanation. Now I get it. Thanks again, Arnie
Chris, Thank you for your advice, but I must admit my ignorance. I do not know what you mean by "Conversion into verticals". If you have the...
Thanks again to all of you for your insight and advice. Well, 2 weeks to go, and my March positions are looking pretty good. I am short 2 put...
No need to be sorry, I appreciated and respect your post. Advice, comments, input and observations like yours and others that take the time to...
I think you misunderstood me. I didn't have regrets about selling the puts too late, I had regrets about selling the puts at all. I realized the...
Thanks to all of you for your thoughts and analogies. It just made me so mad at myself, because the previous option period, January, I made a...
Thank you. Patience is easily the hardest thing I have to learn. I got spooked out of one position this past period, and even though I told...
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