Hi Mark, Hello Pr I now have gained enough experience for calls and puts from last time. Now the question is about non standard options. I was trying to buy standard 50 contracts for JUN EXM $50 Calls. Did not pay attention and ended up ...
Hi Mark, This thread is very informative. Thanks for the education. My question is simple. Say if I purchase company ABC Jan 09 $20 Call, what happens if company ABC gets acquired by another company for $19 a share? The Call option is not yet ...
MARK; PLEASE TELL ME THE DISCOUNT CODE TO BUY YOUR BOOK "THE ROOKIE'S GUIDE TO OPTIONS" ALSO FROM WHICH CO. CAN I BUY YOUR BOOK? THANKS NG Hello NG, To get the discount , please go to the publisher's (W&A Publishing) web site: http://w-apublishing.com/(S(fpbd2iultjjqfa55lqqr3pi5))/Shop/Catalog.aspx The ...
Hello Mr. Wolfinger, First thank you very much for sharing your knowledge with us. The information you provide is great and we now look at options as another way to invest. You are very welcome. As an aside, if you like the way I reply ...
Hello JP Thanks for the quick response. I am placing an order for your book specially now that we have the discount code. Thank you. Now I understand the reason for the price difference on the deep calls. Funny that after sending you the email ...
Hi Mark NG, You say that you use Covered Call by Writing slightly ATM. I will appreciate if you can explain why is that strategy is better than writing OTM? Why do you think I said it was 'better.' I never said that and I ...
Greetings, I just found your site during a Google search. Am looking for viable/real ways to generate monthly income by writing covered calls. Your replies to the questions I read didn't get into the pie-in-the-sky certainty of all the other online information I'd seen. This ...
This may be hard to answer since you've been in the business 30+ years. No matter how many times I start reading about options, I seem to have a mental block about the meaning of put and call. One's a right to buy, the other's ...
Hello Mark I have been trading covered calls for about 3 months. I have had a profitable run. I spend an awful lot of time doing the research needed to pick stock that have a high premium return. As you know not all the good ...
Hello Mr Wolfinger. Please call me Mark. First of all, I got your book last week and it is great. So far I'm in chapter 6 and it's better than any other book about the subject. Most of the others are either too vague in ...
Hi, I am new into options, have made zero real trades yet. I feel I need to really understand what is happening. (Good idea) Here is an example: stock is at 289 current price and I place this iron condor (see table below) Action Shares ...
Hello Mark, I've been reading the book and I'm already trying some of the strategies you have written about and this is where the question comes in. I'm trying to write a cover call that looks like an excellent candidate. I have 600 shares of ...
Thanks Mark, that is a great calculator. Another point that I got from you was taking chips off the table for some profit instead of it all. When there is little reward remaining, that's just being smart. Most of the time it's not a winning ...
Mark Can you provide me with some guidance on something that is puzzling me? I apologize if I am missing some basic point. I have been looking at the current pricing for SPY options and I am noticing that the implied volatilities are much higher ...
Hello Mark, I cannot find the answer to the following question. Is there a fixed amount of contracts/options a stock can have? I know companies have a fixed amount of shares that can trade but is this true for options? I would think there cannot ...