Good Point Grasshopper

As I met with Grasshopper this morning we discussed the current trends and future plays for I noticed that Grasshopper made a good point. The portfolio is made up of number of shares of different positions, no matter the direction our number of shares don’t change (unless a split), and so we can take comfort in knowing that we can continue to sell covered calls on our positions. You see it takes 100 shares as a minimum to sell one option contract. So we can continue to sell the covered calls, even if the premium is less, we are constantly lowering our cost basis with every dollar of premium we receive.

All investing involves risk, so Options Dojo can make no warranties or guarantees regarding our Sensei’s selections.  Invest with an awareness of your skills, experience and risk tolerance.  Options are not suitable for all investors and people can and do lose money.

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