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    How do you invest?

    Any asset class that i understand (ie the risks and benefits) and which is trading(selling) significantly under its intrinsic value. At the moment asset classes that i understand are: 1) australian shares 2) residential property (apartments in the inner suburbs of melb) 3) thai shares 4)...
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    covered calls

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    covered calls

    i think you may have hit the nail on the head. I'm giving much thought to this covered call writing strategy. Used as part of a trading strategy i think it has much merit. However i am questioning its validity as part of an investment strategy, especially one with gearing.
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    covered calls

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    Cash Rate up by 25 basis points

    yawn.... i'm going back to sleep
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    Myer Share offer

    well listed today and is trading down 5% on its $4.10 issue price, so hope nobody bought this stock for stag profits on open day.
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    Alexlee

    can we have a vote please to maybe entice Alex (Alexlee) to come back to regular posting. I know its a personal choice, but maybe he can be persuaded by the masses. I miss your posts as well, very informative.
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    covered calls

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    covered calls

    The trouble with selling puts is it dramatically increases your risk profile, especially if you are already using margin debt. If the market tanks and you have written excessive puts you risk blowing up. Writing puts can be a good way to try to pick up shares that you otherwise would be happy...
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    covered calls

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    www.nathanbirch.com.au

    maybe i'm not very IT thingy mebiddy, but i think it looks great. Very smart and professional. And mate if you are genuine about this not being a future spruikers site, then mention all the me, me me you like. You have done well. If newbies want to understand they need to know 'who's...
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    Is Australia Really That Different?

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    covered calls

    CBA went through as above, one contract excercised, one contract rolled. ANZ were all excercised.
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    covered calls

    Final update for Oct: I changed my mind during the course of the last two days. A major headache of having covered calls in the money is you have to 're-act' rather than 'act'. An in the investment world a person who is reacting to circumstances is at a big disadvantage. This is another...
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    covered calls

    It was only 2.2% over three months, not per month. Hence my questioning of the 'value' of the strategy. Now this is only a three month time frame. So its still too short to make an informed decision.
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    covered calls

    Yes the portfolio is geared, the level of gearing depends on 1) 'value' in the portfolio, cheaper the value higher the gearing because greater the discount to my intrinsic values 2) market stability, greater volatility lower debt 3) most importantly the size of the total portfolio relative to...
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    covered calls

    Ok now on to a bit of reflective thinking. Whats the sought of profit potential: Over 3 months the profit from writing covered calls was around $10,000 (before paying for purchasing back contracts on positions that were at risk of being called and for which i didnt want excercised). Capital...
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    covered calls

    Busy day today searching for opportunities (with underlying shares, not option writing). For the record i just want to emphasise an important point i made at the start of this thread. There are various purposes for writing covered calls. The most popular is the traditional buy write covered...
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    covered calls

    Bought back Wes calls yesterday at 15c. Rolled one cba yesterday to $52 Jan10, paid 50c for the privilege. Basically im taking part profits on part of my banking portfolio: 1) letting all anz be called and 1 cba be called. But i dont want to exit the whole position. Will make for some...
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    Is Australia Really That Different?

    Thats ok we have a substitution product now: mainland Chinese. They pay cash first organise financing later:D
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