samoth

What does that even mean?

Yeah that was fun, thanks to you too

Awwwww.....LOL, I'm sorry, honey. Hey did you see the LHC rap I linked for you in the thread. LOVE that thing.

hahaha, thanks bro - Hope you are well!

http://www.elitefitness.com/forum/chat-conversation/my-project-business-661531-2.html

help me out bro

Hey Samoth

You said you were thinking of BUYING long covered calls on financials. I think you meant you are thinking of SELLING covered calls on shares of financials you own, am I correct?

If so, selling covered calls is the most conservative option strategy that you can employ, so it's a fine one for you.

Financials are the most volatile thing in the market now = more risk = higher option premiums, so you are likely to get high premiums.

The only downside is that financials are so risky right now, but that's also the reason you can get the high option premiums.

I sold calls on UYG for a few months last year and I did really well with it, but it was risky. UYG is a financial index levered up 2x.

Let me know if you have any questions or anything!

karma!

ummmm, gee thanks I guess...

Hey you!
I missed your posts while being away

Hugs
B.

das geht dich einen feuchten Scheissdreck an
mach es dir selber
Halt die Fresse!


und


Verpiss dich!