And there is already an article.link http://finance.yahoo.com/news/Pulte-Group-calls-active-low-theflyonthewall-1365223509.html?x=0&.v=1
Not yet, don't really have enough to write calls on 1/4 of my position. I only have 1/4 of the sized position I wanna build.I hope to pick ore up cheaper. In the meantime if we get over 8 I'll just outright sell some like I did near 8 2 months ago.Been adding to other positions today as well selectively in small amounts.
YOU GOT 'EM. Now What? Write calls ?
The smart money is the institutional investors. They are the ones who are selling (writing) the calls. They collect the premium knowing that the calls will expire worthless. The dumb money is on the other side of the trade.db
Covered calls here. If they sell at 8.00 so be it. LOL