The Rokslide Stock Traders Thread

[eddielasvegas]

Fidelity has been good to me overall. A few hiccups in option trades, but overall great.

I'm going to call Fidelity and see how their system handles the issue I had with CS.

I think I'll call E-Trade too as I need to stop being a lollygagger.


Eddie

 

[JVS]

I encourage you guys to look into selling covered calls on anything you own 100 shares of. It’s impressive the revenue one can generate. I write them conservatively, out of the money. Well unless I am looking to exit a stock. Then you write them in the money and capture the call premium plus your upside on the stock. It’s quite magical once you get a system down.

 

[swehrman]

@JVS I'm interested in learning more about covered calls. Would you post an example of a covered call that you sold that we're out of the money?