Comments on: Month End Summary – October 2008 http://mytradersjournal.com/stock-options/2008/11/02/month-end-summary-october-2008/ Investing in Stocks Through Options Fri, 27 Jan 2012 21:33:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: zino http://mytradersjournal.com/stock-options/2008/11/02/month-end-summary-october-2008/#comment-4898 zino Tue, 04 Nov 2008 01:26:52 +0000 http://mytradersjournal.com/stock-options/?p=1185#comment-4898 I enjoy your posts. Its refreshing to have someone honestly post his losses. I wish wall street would do the same. I sell a lot of naked puts and calls as well, and that last few months have been tough... I am even for the year but only becasue I was up a lot prior to the slide. A couple of suggestions, consider refining your system, by diciplining your self to buy back your contracts at a target PPS, say when the PPS gets within 2 or 3% of the call or put price. Also consider hedging your naked option by buying an option further out of the money. best, zino I enjoy your posts. Its refreshing to have someone honestly post his losses. I wish wall street would do the same. I sell a lot of naked puts and calls as well, and that last few months have been tough… I am even for the year but only becasue I was up a lot prior to the slide. A couple of suggestions, consider refining your system, by diciplining your self to buy back your contracts at a target PPS, say when the PPS gets within 2 or 3% of the call or put price. Also consider hedging your naked option by buying an option further out of the money.

best,

zino

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