Replies to post #171 on S2 Option Trader

[satorino]

IDCC2003
If you are long the stock you want to protect your investment with puts. you must decide the strike and the expiry based on when you expect movement.
if you feel you dont want to cough out all the cash you might raise some capital by selling some calls. it raises capital but puts a limit on your gain if it goes north. up to you.
sat.
p.s. check out this interesting message on the matter.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38495682