Systems (subset of TA)
- TONYBRIG
- TONYBRIG
- TONYBRIG
- TONYBRIG
- TONYBRIG
- JenL_3
- TONYBRIG
- TONYBRIG
- TONYBRIG
- TONYBRIG
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» TONYBRIG - Covered Call= Ownership
A Covered Call is when one OWNS the underlyinginstrument and sells the call at a specified strike price and collects a premium.
If the price of the stock hits the strike price
at expiration then the (writer) loses the stock
at the strike price.
One can also buy back the option to cancel his
position.
One can also sell a call without owning the stock
and is then considered (naked)
Not all houses allow this.
Two sides to an Option!
Even if it is true that 90% of all options expire worthless; that does not mean
that 90% are losers.
For every loser there is a winner as far as I can determine.
When one buys an option isnt there a seller?
So then doesnt that mean 50% winners and 50% losers............
TRADE WISE?
VBOLHH
-- posted by TONYBRIG
» TONYBRIG - More on Covered Calls
This link seems to contrdict what Santoliwrites bout in Barrons.
Thanks to Kirk who first posted it.
I will attempt to get a dialogue going with
Santoli on Options!
http://www.ez-pnf.com/maxpain.htm
VBOLHH
-- posted by TONYBRIG
» TONYBRIG - Intc Options
Intc reports earnings I believe next week.Options also expire next friday 7/16th
Remember......... always the 3rd friday of the month.
The option market is bullish on INTC!
The 70 call is selling for around 5/8-3/4.
Intc's price is around 66 and with only 5 days to go the Option market is
betting on it going to 70.
I'm long on INTC common and am considering writing some Covered Calls.
Writing a call= Selling a call
Writing a covered call = Selling the call and owning the underlying Stock
One covered call allowed for each 100 shares.
Covered Call means the broker is covered........... Your aint Naked!
If INTC's Stock closes over 70 on expiration date by 1/2 pt (circa) the chances are
very good that you will lose the Stock at the strike price...... 70? or whatever
you choose.
Naked means you dont own the underlying Stock; some houses wont allow
you to be in the Nude! : )
Easy huh?
Of course one can go out in time and pick any strike price and month
that carries an Option. Some go out a few years (LEAPS)
Now you just got to decide whats rite for you.......... or not.
Wonder what Santoli thinks?
VBOLHH
-- posted by TONYBRIG
-- posted by TONYBRIG
» JenL_3 - Can a Computer Beat The Market?
Tony - You made this post on May 14 about devising a system to beat the market…..Shouldnt be that hard to devise a workable SYSTEM.
Today's e-mail newsletter Breakfast with the Fools has paid placement of a link to investbyagent.com. Here is an article at that website:
Can A Machine Intelligence Beat Wall Street?
This is a for-fee site, but it offers one month free subscription, and during that month you can look over their computer generated stock picks.
Whadayathink Tony?…...Jen
-- posted by JenL_3
» TONYBRIG - Yes for sure and better
Yes for sure and better.Give a machine artifical intelligence even in
Horse Racing and it will beat the human.
It doesnt get tired or have emotions or forget
or have fear.
Just does its job and very fast too.
It will soon happen and the best Programmers allied with the best Systems men who have Market
savvy will clean up.
IpO's coming I suspect on this!
vbolhh
vbolhh
-- posted by TONYBRIG
» TONYBRIG - Will revolutionize the Investment World
Will revolutionize the Investment World.The analysts are gonna be on the spot specially
if they are not or have a staff of Computer
and preferably Systems people aboard!!
I LOVE IT!
If they can beat the Horses and they do the
Computer Systems then certainly the Market should
be a piece of cake.
Wonder what the Random Walk theory would say
bout this.
Maybe Suite 101 should be evolving a Computer
System?
Put that in your pipe Hugs.
Thanks Jen!
-- posted by TONYBRIG
» TONYBRIG - Free Picks by the Computer
Heres the link!Thanks again Jen.
http://www.investbyagent.com/freepicks.h...
vbolhh
-- posted by TONYBRIG
» TONYBRIG - This mouse Sucks
Oh well what can I expect in a Public Librarywho am I to complain.
So the System gets tested again next week:
Remember............When they take it home with
them specially on a 3 dayer next week is up more.
But wait!
The other system says tho that when its too easy
SELL.
Seem to be conflicting.
Guess you'll have to read my Newsletter for an
expanded viewpoint on these factors.
Only problem is I dont have a NEWSLETTER.
So?
Suggest you read my poem Pocket Locket on
Poetry and Prose thread.
SeeYa!
vbolhh'
-- posted by TONYBRIG
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