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hock1

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hock1

Re: badgerkid post# 340582

Friday, 10/07/2011 6:21:44 PM

Friday, October 07, 2011 6:21:44 PM

Post# of 432923
badger....agree on all points. One caveat I would add on the selling of puts is: do the math! Really understand how much one has to pony up if you end up owning the stock. When writing calls, If the stock goes way above the strike price all you lose is opportunity. When writing puts, if the stock goes way below the strike price you can end up with a big paper loss and a stock you wish you didn't own.. Big difference. MO.
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