Tag: covered calls

You’re My Boy “Big Blue!”

I recently closed a position that had me short the November 125 calls in $IBM (with protection via long 130 calls). While I would have liked to still be in that position, I chose to close it recently to avoid a potential loss. One of my favorite strategies is to sell premium post eps at

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Novembers Gone

Those that watched the market this past week saw some pretty powerful moves, until you look under the hood, as the major indices all had close to double digit gains for the week. The Dow was the laggard of the bunch as it gained 9.7% while the biggest gainer was the S&P which gained 12%.

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