http://mytradersjournal.com/stock-options/2009/12/16/still-mostly-in-cash/ Investing in Stocks Through Options Sun, 20 May 2012 05:09:47 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://mytradersjournal.com/stock-options/2009/12/16/still-mostly-in-cash/#comment-6412 Alex Fotopoulos Thu, 17 Dec 2009 18:58:34 +0000 http://mytradersjournal.com/stock-options/?p=3683#comment-6412 Mule, I'm leaving that as a possibility too. It's essentially the same as covered calls since I'm not using the cash elsewhere yet. (I'm going to put most of my cash back in PVI soon though.) I'll check tomorrow to see if there's any small premium advantage to the calls. Now that oil dipped again today, I might head down to the $11 strike which would increase my chances for an overall profit for the series of trades even if I lose on the underlying shares. I'm considering buying some calls or selling puts on UUP too. Mule, I’m leaving that as a possibility too. It’s essentially the same as covered calls since I’m not using the cash elsewhere yet. (I’m going to put most of my cash back in PVI soon though.) I’ll check tomorrow to see if there’s any small premium advantage to the calls. Now that oil dipped again today, I might head down to the $11 strike which would increase my chances for an overall profit for the series of trades even if I lose on the underlying shares. I’m considering buying some calls or selling puts on UUP too.

]]> http://mytradersjournal.com/stock-options/2009/12/16/still-mostly-in-cash/#comment-6411 mule65 Thu, 17 Dec 2009 18:08:07 +0000 http://mytradersjournal.com/stock-options/?p=3683#comment-6411 Alex, I would roll UCO from Dec $12 to Jan $12 for a net credit. Cheers! Alex, I would roll UCO from Dec $12 to Jan $12 for a net credit. Cheers!

]]>