|
PureBytes Links
Trading Reference Links
|
I am developing a methodology to do this and also limit loss. I just
covered my NLS puts for a nice profit and just sold Sears Jan '03
Strike Price $22.50 at $2.25.
So far using PEG and PE are found very useful. With Sears even with
its shortfall which caused it to fall out of bed, it is selling
around 5 x earnings.
Break even is $20.25 per share if put to me there. If lower I am
holding a quality company. If it goes higher I can buy the put back
at a profit.
Does anyone else work in this arena and have critria for selling
uncovered puts?
John
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Home Selling? Try Us!
http://us.click.yahoo.com/QrPZMC/iTmEAA/jd3IAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|