A.I.M. Users Bulletin Board

[SFSecurity]

Hi Toofuzzy, You said:

...if I had no funds to buy or sold call options and needed to wait for them to expire before I could sell.

That is what I found when I did options only. Now I buy an additional 50% more stock when I get a PUT assigned to me. What I have found is that when a PUT is assigned I can almost always count on it going even lower so I use a GTC that is another 2-10% lower than the PUT. This lowers my average price a bit and makes the next AIM sell a small amount lower, not all that much, but every penny counts, they say.

Buying extra like this I have stock in hand that is not encumbered buy the CALL I sold. That allows for AIM sell trades, even when you double the number of shares that AIM indicates.

Say you got a PUT of 500 shares and then buy another 250, giving you 750 total or with a 10% minimum trade that is only 75 shares, double it is 150, still under the 250 spare shares.

I've been playing with various % minimum trade size and I find that it is easiest to use the standard number for the sell side but doubling the actual sell order. This seems to add a bit of extra cash.

Best,

Allen