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Toofuzzy

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Toofuzzy

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Re: CanRay post# 42121

Sunday, 06/18/2017 1:04:57 AM

Sunday, June 18, 2017 1:04:57 AM

Post# of 47082
HI Ray

I will use calls as an example but works for puts the same.

Let's say you own 1000 shares.

You sell only one call option at a price you would sell.

The premium should pay you an amount equal to the sale AFTER that one.

So if your next Aim directed sale is at 25 and the one after that is at 28 the option premium should cover the difference between 25 and 28.

If the stock reaches 25, sell the Aim directed amount. If it stays above 25 at expiration of the option it will be like selling at 28 even if it doesn't reach 28

Hope that helps.

Toofuzzy

Take the road less traveled. It will make all the difference.

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