Tuesday, May 18, 2010

[ConservativeOptionStrategies] Re: Reserve for Adjustments

 

Mike,
At least in my case, it's not a privacy issue, but more of not really having a finger on it.
I don't have a really separate stock portfolio, but trade out of my and my wife's IRA a/c's. I keep 25-30% in the core (FDRXX, a Fidelity money market) for financial emergencies should they arrive. So aside from that, I don't keep a separate reserve for adjustments but use the core account when needed.
Lou

--- In ConservativeOptionStrategies@yahoogroups.com, Mike Cleveland <mikeandjody1996@...> wrote:
>
> Greetings,
>
> I wrote this question on a just covered call board, but got no response, maybe it is too personal of a question, but thought I would try here anyway.
>
> I'm wondering how much one should keep in reserve when writing covered calls, in order to make adjustments. Does anyone have a percentage figure that works for them when needing to adjust?
>
> Thank you.
>

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