AI
Tuesday, December 11, 2007 2:05:14 PM
re OTM 195ccs
Yeah, that hurts. A few years ago I had every share called from me that way, though I forget the exact price. Had to re-enter.
I've been making money on naked puts (!) and long calls. When I do write ccs, it's short-dated. The risk of intervening material price movers just doesn't let me go far out.
Hopefully you've got some left
Take care,
--Tex.
Yeah, that hurts. A few years ago I had every share called from me that way, though I forget the exact price. Had to re-enter.
I've been making money on naked puts (!) and long calls. When I do write ccs, it's short-dated. The risk of intervening material price movers just doesn't let me go far out.
Hopefully you've got some left
Take care,
--Tex.
