Recent content by Greymalkin

Right. Absolutely. I'm not fishing for advice, I'm just trying to get my head around options strategies. Using real-ish numbers makes it easier to understand than if I go with more generic X, Y, Z descriptors. I certainly appreciate your comments. Thank you.

Ah, okay. So let's say I've bought DDD at $40, and it's now at $54. You're saying buy the $40 put at this level to protect my gain?

Good points. Thank you.

Does this make sense as a strategy: Let's say I own DDD, bought 100s at $40. I like the stock, don't want to part with it, think it'll see $100 some day. BUT, there's a ton of volatility with it and I figure I can profit from it using covered calls. So I go and SELL OTM Calls, 3 months out...