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sean272727

sean272727
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  • A Closer Look At A Hybrid Dividends And Covered Call Strategy [View article]
    I prefer to sell weeklies because the shorter the time span the quick the drop in value. But otherwise monthly. Never too far out.
    Apr 7 09:54 AM | 1 Like Like |Link to Comment
  • A Closer Look At A Hybrid Dividends And Covered Call Strategy [View article]
    The strategy I employ is somewhat of an aggressive call selling strategy. I sell calls near or at the money of the underlying stock. But, the beauty of covered calls is that you collect the premium instantly including value for the time remaining until expiration. As the option moves closer and closer to expiration, it significantly depreciates in value. So if I'm in a position where my shares will be called away because my stock has increased passed my call strike price, I will either (1) roll-opt my calls to a higher strike price, or, (2) simply buy back the calls I sold and keep my shares and most of the premium.
    Apr 5 10:45 PM | 1 Like Like |Link to Comment
  • An Apple Options Play [View article]
    At today's price, selling a May 2011 315 strike put would net about 500 dollars. Now, if for some reason AAPL is hovering close to that 315 price around expiration, and you don't want to buy the underlying stock, can you roll-opt that put for a lower strike price? It would cost money to do that, but much less that purchasing 100 shares.
    Mar 30 06:57 PM | Likes Like |Link to Comment
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