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Trader Al

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Trader Al

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Re: johny1 post# 24611

Monday, 08/31/2015 12:43:20 PM

Monday, August 31, 2015 12:43:20 PM

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I don't buy options. That's why I was asking about how you select what to buy. I only trade options. I don't know how to pick entry and exit points on stocks. I usually sell naked puts. I recently sold a naked call and it backfire on me. I went out and bought the stock this morning and made it a covered call. I will still have a loss, but it's not much. Now I am hoping that strike price will hold. 4 day is a long time.
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