G guy990opl Apr 25, 2009 #31 Write puts on yahoo only if you like yahoo. In other words write cash covered puts, it gives you a stronger edge.
Write puts on yahoo only if you like yahoo. In other words write cash covered puts, it gives you a stronger edge.
S spindr0 Apr 25, 2009 #32 Quote from Mikeinyvr: If I wanted to short 50 May 150 puts on MA ~ 2.00 and the underlying at 171 I'd need min $85,000 for a max profit of $10,000. Seems like a lot of cash. More... Covered calls and their naked put equivalent hve a lousy risk/reward ratio. Consider using spreads to put the ratio more in line. And don't forget to PM wiskfwee for the secret decoder ring and special information on how to post winning trades after they occur
Quote from Mikeinyvr: If I wanted to short 50 May 150 puts on MA ~ 2.00 and the underlying at 171 I'd need min $85,000 for a max profit of $10,000. Seems like a lot of cash. More... Covered calls and their naked put equivalent hve a lousy risk/reward ratio. Consider using spreads to put the ratio more in line. And don't forget to PM wiskfwee for the secret decoder ring and special information on how to post winning trades after they occur
