My ACH positions are long calls, not stocks. I recovered some losses in it by selling other calls, and then I cut the loss. The reason is I have been convinced this is a bear market
wang-lao-wu(钻石王老五)
If you have stocks, I suggest you sell some covered calls to generate some income. Doing so is better than sitting there and waiting for the stock to recover.
PE is important to investors, but no so important to traders
-wang-lao-wu(钻石王老五);
2008-2-5(#21648@43)
My ACH positions are long calls, not stocks. I recovered some losses in it by selling other calls, and then I cut the loss. The reason is I have been convinced this is a bear market
-wang-lao-wu(钻石王老五);
2008-2-5{158}(#21646@43)
If you have stocks, I suggest you sell some covered calls to generate some income. Doing so is better than sitting there and waiting for the stock to recover.