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leemalone2k3

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leemalone2k3

Re: sylvester80 post# 333

Friday, 01/08/2010 5:26:07 AM

Friday, January 08, 2010 5:26:07 AM

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I wouldn't say killed is the right word. The breakeven is 17.95. If I were to hold the naked puts (which I covered already at .95) and if I were put the stock, I would simply sell calls against it for downside protection. The only way to get killed would be if the stock goes to 0.00.

Why sell naked puts? It is a great way to buy stock at a discount!
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