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--- In realtraders@xxxx, Bryant <bulldog483@xxxx> wrote:
> Buy back the strike at 32 and sell the next strike lower would be
my guess,
>
>
> My question is this can you sell covered puts ,,,short the stock
and you sell a put at the next strike down ,,,and with that put you
have the obligation to buy the stock back or cover ?
> ----- Original Message -----
> From: schnakeus
> To: realtraders@xxxx
> Sent: Wednesday, March 13, 2002 2:30 PM
> Subject: [RT] Managing covered call risk
>
Or I guess you could sell a lower strike and a by a deeper OTM put
for major downside protection? Then keep closing and sell the next
strike down?
I don't think there are covered puts, are there?
Steve
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