that is cool. It really depends on your account
too. You can't really go naked calls in your IRA and you need
a ton of margin to go naked short in your IRA's .You
can get burned too on naked shorts.. I had to roll
3 590 google calls that I forgot to take off on
earnings awile back. Remember when Goog went from
like 520 to 600 on earnings? I rolled
those up and out for a credit. Finally got rid of them
on last earnings. I didn't lose money, but it wasn't
worth watching either and I didn't want to cover 180,000 in
stock so it was easier to roll it up and out in time for a credit.
knowing your "adjustments" are just as important as making
the trade
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so you basically had a 2 credit spreads???
PCLN
Posted by zach06 on 9th of May 2012 at 04:25 pm
that is cool. It really depends on your account too. You can't really go naked calls in your IRA and you need a ton of margin to go naked short in your IRA's .You can get burned too on naked shorts.. I had to roll 3 590 google calls that I forgot to take off on earnings awile back. Remember when Goog went from like 520 to 600 on earnings? I rolled those up and out for a credit. Finally got rid of them on last earnings. I didn't lose money, but it wasn't worth watching either and I didn't want to cover 180,000 in stock so it was easier to roll it up and out in time for a credit. knowing your "adjustments" are just as important as making the trade