jeff@mcassoc.com wrote: hi mark - thanks in advance for your help. i am taking control of my assets in a proactive way (removing them from the planner i've used) and am inculcating some new "tools" to gain ground quickly, with a strong bias toward options ...
Dear Mark, I liked your Short Book on Options so much thank you! that I am slowly working my way through your book to Create Your Own Hedge Fund using ETFs and options. I never realized how many and different kinds of ETFs there are. ...
There are many companies that offer first free seminars, then charge (2-3K) for seminars to teach proprietary software for covered calls and tricks in down markets. My questions is IS IT WORTH IT? After monthly fees, trading fees/ commissions etc. what is left? Is it ...
Dear Mark: Thanks for confirming my gut feel. I will read your book (referred on your site may be). Also I believe that you like and recommend OptionsXpress? If I do it in a Roth IRA, there should be no tax implications, correct? Thanks again ...
If I were to buy SPY and sell a deep-in-the-money call against it each and every month, and each and every month it got called away, and I bought it again and sold a call again, month after month, what are the tax inplications, especially ...
Hi Mark I bought a few thousand shares of IBM at 117. It is now trading at 115. Do I use puts or calls to protect my positions? Thanks, Rose Hi Rose, The answer is 'either.' I prefer using calls, but take look at your ...
Mark- I have a long term portfolio of blue chip stocks which I have owned for years and do not intend to sell whether they go up or down. I am considering selling calls against the stocks with the rationale that if the stocks stay ...
Mark I read this online-- (you wrote this) There is an important point that must be mentioned. When you buy the stock @ $42.74, then the intrinsic value of the Jun 35 call is $7.74 and selling for only $7.50 is a foolish thing to ...
Hi Sir, Have been a regular reader of your columns and articles on the net. Of late, I have started facing problem while writing calls on index due to higly fluctuating index. Although I start a bit early (typically writing next month calls) and covering ...
I just read your article regarding covered calls. It was very well written and informative. I do have one question, however. Is there any circumstance where I would lose the dividend by writing calls? Thank you in advance. Sincerely, Glenda King Hi Glenda, Thanks. Yes ...
Dear Mark, Hello Juan, I think I was given bad advice recently. I was long a put option on the MCSI i shares EEM. The option on the date of expiration was in well deep in the money. My broker called and told me that ...
Hi Mark Please explain the risk of getting a call from my broker under this scenario. I am in Canada. Today I bought 10 RIM C JUN 130 for $20.55. TOTAL COST = $20,550.00 I sold 10 RIM C DEC 125.00. I got income of ...
Hello Mark - Thank you for providing good and straightforward feedback to the many questions that you get. I have one question that I hope you can help me with: Is there any reason NOT to use LEAPS in a covered call strategy? It seems ...
I recently opened an account with TD Ameritrade and wanted to invest $2,000 to begin the option purchasing process. They have emailed me stating that I can only write "covered call options" and since I am a beginner, I really don't understand why or what ...
Hello: I've recently started writing covered calls and I am pleased with the results. I'm not pleased with the market right now, but that's another story. What record keeping programs or spreadsheets do you recommend. I'd like to learn more about options and move into ...