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Old 09-07-2007, 07:38 PM
mrbaseball mrbaseball is offline
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Join Date: Feb 2003
Location: shortstacked on the bubble
Posts: 2,622
Default Re: articles on covered call options

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The price of the call is dictated by the price of the stock

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And many other factors. The VIX (volatility index) was up approximately 2.5 points today. This has a tremendous effect on the price of options regardless of the price of the stock. I don't like selling options in a low volatiltiy environment but right now if there is a stock you like the options are likely higher priced today than they were yesterday meaning a covered call or naked short put could be appealing if you are looking to get long.
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