E46 BMW Social Directory E46 FAQ 3-Series Discussion Forums BMW Photo Gallery BMW 3-Series Technical Information E46 Fanatics - The Ultimate BMW Resource BMW Vendors General E46 Forum The Tire Rack's Tire Wheel Forum Forced Induction Forum The Off-Topic The E46 BMW Showroom For Sale, For Trade or Wanting to Buy

Welcome to the E46Fanatics forums. E46Fanatics is the premiere website for BMW 3 series owners around the world with interactive forums, a geographical enthusiast directory, photo galleries, and technical information for BMW enthusiasts.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact contact us.

Go Back   E46Fanatics > Everything Else > The Off-Topic > Money Matters

Money Matters
Financial, Stock, Investment etc. posts here.

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 08-17-2012, 06:46 PM   #1
swordsman11868
Registered User
 
Join Date: Aug 2006
Location: Las Vegas
Posts: 594
My Ride: 2003 325i
Covered calls?

Anyone have strong feelings regarding writing covered calls?

Specifically:
http://www.thestockmasters.com/cover...-AMRN-NAV-FSLR

Especially NAV.

Thanks for your input.

-Dan
__________________
Crusaders - killing Takfiris since 1096 A.D.
swordsman11868 is offline   Reply With Quote
Old 08-19-2012, 10:40 AM   #2
swordsman11868
Registered User
 
Join Date: Aug 2006
Location: Las Vegas
Posts: 594
My Ride: 2003 325i
I'm also trying to decide how to get out of Aapl.

I'm in at $350. Any suggestions?

Tia.
__________________
Crusaders - killing Takfiris since 1096 A.D.
swordsman11868 is offline   Reply With Quote
Old 08-21-2012, 12:21 PM   #3
Wraisil
Registered User
 
Join Date: Apr 2004
Location: Acworth, GA
Posts: 216
My Ride: 2010 Infiniti G37
For NAV if you did a Buy/Write today, you'd breakeven around 23.50 if it went down, below that you'll lose money. A 3% move up, however, would be the top for your gains though at $1,775 ish with current prices which would still be a really nice return over the next month. I personally like using covered calls on positions I hold if I expect to hold them through expiration and anticipate they will stay flat or slowly rise. I'm not a big fan of using them to hedge against a drop in stock price but they are good for that as well (supposing the drop isn't too large). With current volatility in NAV my tools show a 36.4% chance it's below 22.71 by SEP 12 expiration, and a 54.5% chance it's below the current price, FYI.

As for AAPL, why are you trying to get out? Getting out is always simple, put in a market order to sell

Last edited by Wraisil; 08-21-2012 at 12:24 PM.
Wraisil is offline   Reply With Quote
Old 08-24-2012, 05:21 PM   #4
CMT1729
Registered User
 
Join Date: Jul 2008
Posts: 41
Why not just write an uncovered put?
__________________

"What's all this I hear about a brownie in motion?" - Accountant
CMT1729 is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Censor is ON





All times are GMT -5. The time now is 08:30 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
(c) 1999 - 2011 performanceIX Inc - privacy policy - terms of use