[ConservativeOptionStrategies] Re: Need for LP in DLS Strategy

 

Ashok
CSP = Cash secured Puts.
Bit like what u r doing, since u have cash to buy the stock if put is ITM. IMHO, cash is doing the job of LP.
I like the way you are trading the system, ashok.
sean

--- In ConservativeOptionStrategies@yahoogroups.com, ashok shah <ashok11@...> wrote:
>
> I have been selling OTM SP's of ETF's or blue chips insurance)that I consider are at historic bargain price, without buying LP ITM insurance. If they get assigned then I don't mine owning them at that price; becasue I will then sell CC and continue to produce income. So far, this seems to work well in the upward market. drjoes starategy of buying ITM LP may give an added protection if the market suddenly tanks. Sean, what is CSP?

__._,_.___

Reply to sender | Reply to group | Reply via web post | Start a New Topic

Messages in this topic (14)

Recent Activity:

• New Members 2

Visit Your Group

Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use

.

__,_._,___