The Hall

[Porgie Tirebiter]

Wow, you like high yield. You've given me something to look at.

The simplest and most conservative hedge is to write calls against stock you own. You do cap potential profits, but you can always buy back and roll out in time and strike.

The best part is that when the market goes down, you can keep raising cash. And then use the cash to buy more stock which is now at a lower price.

I'll get back with you.