I am figuring worse case 2.00 gain, goes way back up 4.50 gain, and in between maybe can move the put up for next month.
Yes, this has been a good lesson and crazy ride :) So for an update, I ended up buying back the 11s for a small profit and then today put the...
Thanks guys :) I am still learning and these responses has helped in my learning process and opened me to new ideas. I am glad I found this...
Thanks for your reply johnpinochet :) Well I was thinking if it were to drop I would just hold on. Not a good idea? Spindr thanks for your...
drcha, Thanks for your reply :) If I am planning to hold long term what is the risk with the above plan. So yesterday I net (1.22 - .51)....
Hi all :) I am pretty new to options trading, and have a question about the risks / benefits of rolling up my covered calls. Yesterday I had...
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