Comments on: Allegheny Technologies Inc (ATI) Naked Puts http://mytradersjournal.com/stock-options/2007/06/19/allegheny-technologies-ati-naked-puts/ Investing in Stocks Through Options Sun, 20 May 2012 05:09:47 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: The Trader http://mytradersjournal.com/stock-options/2007/06/19/allegheny-technologies-ati-naked-puts/#comment-80 The Trader Wed, 20 Jun 2007 12:45:02 +0000 http://mytradersjournal.com/stock-options/2007/06/19/allegheny-technologies-inc-ati-naked-puts/#comment-80 Vikas, Cool on your ATI put sale. I think you are pretty safe at that strike. I'd love to hear about more of your trades here as I'm sure the other readers would. The more we share, the more we can each make... I've considered spreads, but I never can make myself pull the trigger. I only sell naked calls on stocks I think are going up (or at least staying flat). That means I'd only be second guessing myself and likely making less money, especially in a bull market. Look at my previous month. All puts finished OTM. Selling an OTM put spread would have meant less for me. Now, that said, I might change my mind once the market turns in the other direction. I've also sold naked calls on postions that sink below my put's strike. That's just more income though with more risk. Vikas,
Cool on your ATI put sale. I think you are pretty safe at that strike. I’d love to hear about more of your trades here as I’m sure the other readers would. The more we share, the more we can each make…
I’ve considered spreads, but I never can make myself pull the trigger. I only sell naked calls on stocks I think are going up (or at least staying flat). That means I’d only be second guessing myself and likely making less money, especially in a bull market. Look at my previous month. All puts finished OTM. Selling an OTM put spread would have meant less for me. Now, that said, I might change my mind once the market turns in the other direction. I’ve also sold naked calls on postions that sink below my put’s strike. That’s just more income though with more risk.

]]> By: vikasb http://mytradersjournal.com/stock-options/2007/06/19/allegheny-technologies-ati-naked-puts/#comment-77 vikasb Tue, 19 Jun 2007 20:26:54 +0000 http://mytradersjournal.com/stock-options/2007/06/19/allegheny-technologies-inc-ati-naked-puts/#comment-77 Hi there, I came across your blog recently and I must say that I am pretty impressed with your strategy to sell OTM naked puts. Have you ever considered selling OTM Put Spreads (instead of naked puts). Yes I understand that this will reduce the amount of premium you receive but it will provide you a level of protection (due to the long put) in case the stock drops significantly. By the way, I sold some naked puts (ATI July 100 @ 0.9) this afternoon. Cheers Vikas Hi there, I came across your blog recently and I must say that I am pretty impressed with your strategy to sell OTM naked puts.

Have you ever considered selling OTM Put Spreads (instead of naked puts). Yes I understand that this will reduce the amount of premium you receive but it will provide you a level of protection (due to the long put) in case the stock drops significantly.

By the way, I sold some naked puts (ATI July 100 @ 0.9) this afternoon.

Cheers
Vikas

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