NW-Bound
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 3, 2008
- Messages
- 35,712
My portfolio has rebounded a bit more than 10% from the bottom in [-]12/14[/-] 12/24. Of course, I lost more than the market on the way down. My stocks dropped faster, hence bounced stronger.
I have been busy writing covered calls again. Many will expire next Friday 1/18, and are in the money now. If the price hold, I will be forced to sell and my stock AA will drop perhaps 5%.
Today, seeing that the semiconductor sector is going strong while other sectors are falling by the wayside, I sold off a bit, then sold cash-covered puts to buy the shares back at below current prices.
I have been busy writing covered calls again. Many will expire next Friday 1/18, and are in the money now. If the price hold, I will be forced to sell and my stock AA will drop perhaps 5%.
Today, seeing that the semiconductor sector is going strong while other sectors are falling by the wayside, I sold off a bit, then sold cash-covered puts to buy the shares back at below current prices.
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