This is probably going to get volatile, might as well collect the premiums.
Wrote some Spetember calls against some positions.
Started by
ogm
, Aug 17 2007 08:55 AM
2 replies to this topic
#2
fib_1618
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Posted 17 August 2007 - 09:29 AM
Absolutely...win, win...though I would have gone out longer in time for the extra premium.
Fib
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#3
ogm
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Posted 17 August 2007 - 09:43 AM
Absolutely...win, win...though I would have gone out longer in time for the extra premium.
Fib
True...
Banking stocks are ideal for this play here. Doubt they are going much lower. Collect the dividends, collect premiums, if they go up and are called away... oh well.
But if they go up volatility and premiums will shrink.
Time is on the side of the seller here. While the Fed is fighting the end of the world with the rate and the markets chops around.
