Recent content by Kunal of HSM

Interesting comments GTS, option 911 - I want to look at weeklies, just to see what they are about.

If you have 1k to invest, options is not the way to go. Plus, Anley is right, options are much more complciated than time decay. Market will suck your money faster than a Dyson vaccuum.

Dave, your comment reminds me of the exact thing people were saying after the bear market, when it went up for months, straight up. Ride what you see, not what you think. It's hard to surf agains't the wave. ;) K

I don't like straight covered calls - the way they teach you in the books. But you knew this, Goldmansucks, becuase you've been to my thread ;) If you own stock, look at a strategy called a call vertical. You sell a call (like a covered call), but you buy a call a strike (or more) above...

So? What happened? are you still holding onto these stocks?

These comments are great. Here is my take. Goldmansucks: Fantastic name by the way. Well, you aren’t really buying stocks for “cheaper” per se. I agree with Dave - by selling puts, you are able to generate monthly income. But this doesn’t come without risks, obviously! As Dave and I have...

Dave, thanks for the kind remarks. I must be one of those rare types: an engineer who likes to write. Back in my University days, the highest level of English proficiency that was required for our degree was (and I’m not joking), grammar. Can you imagine? To become an engineer, you just had...

My mistake, I forgot to mention, whether you sell naked puts or covered calls, if you choose a stock where the company goes bankrupt or commits fraud, there is no protection. That is the risk you take as an investor. I don't have an answer to your question about how to teach someone about...

Hi Dave, Awesome rebuttal – I have a feeling this could be one heck of a discussion! Actually TOS is pretty awesome, I had a chance to visit their Chicago Headquarters and meet some of the trading desk. Beautiful office, it’s like going into a contemporary art museum. Tom Sosnoff definitely...

Dear Daveyc, Thank you for your comment, I honestly read your comment about five times, just to sense the multi-part complexities written in it. To answer this question, I’m going to completely go from my own experience, and my thought process. I’ve done both: sold naked puts, and written...

An Introduction: Clearing the foggy idea around the covered call. The ‘pitter-patter’ of the raindrops hitting the window sill as I type this sentence can’t even stop me from clearing the dark clouds surrounding the misconception of the covered call stock option strategy. In my experience as a...