Hi Mark, Just happened to find this forum. Very educational. I wrote a covered call from my IRA account. Once the expiration date came, the stock price is higher than strike price by few dollars. But i seem to still own the stock. what could ...
Hi Mark First of all thank you for your excellent responses to my questions. I am learning about options and I have a question on the meaning of delta The official definiton seems to be that delta is the amount an option price changes for ...
Mark, I stumbled upon the bivio website and read the emails and your informative responses and was very impressed. I have just ordered your book and look forward to reading it. I have a question about using options to create monthly income flow and how ...
Hi Mark I have startied to get my feet wet with options and have made my first few trades in the last month. I am investing for the long term (my horizon is 20 years). I used to maintain a buy and hold strategy with ...
Hi Mark I just rolled my position on FXI (china ETF) and wanted to get your advice on whether I did the right thing so that I continue to learn. Around March 21st I sold an April FXI $133 call when the underlying was at ...
I bought 100 shares of apple stock at 138 and wrote a call option (MAY 150). Now the stock is going up more than I Thought. What is the best strategy now, wait for the option to expire? What should I expect if the option ...
Mark, Please help in this situation. Suppose one buys a stock at 93 and it declines to 80. Now one decides to do a repair strategy via a call ratio spread . 1. Sell May 85 calls(short) 2. Buy May 80 calls(long) The idea is ...
Thanks Mark for your simple and straight forward explanation about covered calls. Having lost in the market through the buy and hold strategy, I now believe the best way to protect your capital and gain in the market over time is through covered calls. Covered ...
Mark, I got around $3 per share by selling a call option (the stock was called). How do I report on my taxes the $3 gain? Do I add the $3 to the price the stock was called at ($75 + $3) and deduct my ...
Mark, I placed a contract for 10 GE covered callsSP40 Sept.Now I want to buy them back before expiration. I'm afraid my stock will be called away, and I don't want to pay capital gains. CK Hello CK, 1) If you want to repurchase those ...
I would appreciate if you can help me with the following question. What does to "Buy a floor mean"?, 1. To buy a put ? 2. To write a put ? Thank you so much. Ramon Pena Hello Ramon, It turns out that neither of ...
Hi Mark, I will appreciate your response to the following question I own 1000 shares of POT. Currently the stock price is $ 160.46 I want to generate income and I don't mind if I get assigned. Given that which is he best option 1) ...
Mark, Can you share what are the main reasons in trading options vs using stop losses for the underlying? besides leverage I can achieve leverage just by trading the underlying on margin. I think I read a paper somewhere are advantages of options but can't ...
Hi Mark I just finished reading your book "Create Your Own Hedge Fund". It is an excellent read and I loved the book. Thanks After reading your book I have more questions to ask you. As I am just now learning about options, please forgive ...
Hello Mark, Ditto, I understand when a stock price hits an out of the money strike price I get called out and have to exercise. You are under a serious misconception. When the stock 'hits an out of the money strike price' NOTHING HAPPENS. The ...