http://mytradersjournal.com/stock-options/2008/10/07/sold-spy-covered-puts/ Investing in Stocks Through Options Thu, 18 Mar 2010 01:55:21 -0400 http://wordpress.org/?v=2.8.6 hourly 1 http://mytradersjournal.com/stock-options/2008/10/07/sold-spy-covered-puts/comment-page-1/#comment-5689 Steve Sat, 07 Feb 2009 16:10:15 +0000 http://mytradersjournal.com/stock-options/?p=982#comment-5689 The S&P 500 is in a up pattern at this time although it has not broken resistance. I am waiting for a break one way or the other before doing any additional trading. The S&P 500 is in a up pattern at this time although it has not broken resistance. I am waiting for a break one way or the other before doing any additional trading.

]]> http://mytradersjournal.com/stock-options/2008/10/07/sold-spy-covered-puts/comment-page-1/#comment-5650 ONESHOTMARTIN Tue, 27 Jan 2009 20:48:13 +0000 http://mytradersjournal.com/stock-options/?p=982#comment-5650 Hey I recently took the same approach but applied it to todays market but went a little more risky. I bought $85 DEC 09 Puts and then am selling he most recent expiration, currently the $73 FEB 09 Put. When I sold that, it was 12% the value of the DEC 09 value but do to the calculations given by 5 different probability models it had only a 5% chance of being below that value, but as you said you're already hedged for it. It has paid off handsomely thus far and after the FEB 09 expires, I will wait approximately another week and then sell MAR 09. Any suggestions let me know via email Hey I recently took the same approach but applied it to todays market but went a little more risky. I bought $85 DEC 09 Puts and then am selling he most recent expiration, currently the $73 FEB 09 Put. When I sold that, it was 12% the value of the DEC 09 value but do to the calculations given by 5 different probability models it had only a 5% chance of being below that value, but as you said you’re already hedged for it. It has paid off handsomely thus far and after the FEB 09 expires, I will wait approximately another week and then sell MAR 09. Any suggestions let me know via email

]]> http://mytradersjournal.com/stock-options/2008/10/07/sold-spy-covered-puts/comment-page-1/#comment-4561 Stocks Simplified Fri, 10 Oct 2008 03:09:51 +0000 http://mytradersjournal.com/stock-options/?p=982#comment-4561 Sounds like you have everything planned. Good luck. Sounds like you have everything planned. Good luck.

]]> http://mytradersjournal.com/stock-options/2008/10/07/sold-spy-covered-puts/comment-page-1/#comment-4553 online stock market trading Tue, 07 Oct 2008 18:53:47 +0000 http://mytradersjournal.com/stock-options/?p=982#comment-4553 I would say your crazy if they were October puts but I think you're good with Decembers. I would say your crazy if they were October puts but I think you’re good with Decembers.

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