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Old 12-18-2017, 07:43 PM   #1503
Buehler445 Buehler445 is offline
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Join Date: Apr 2007
Location: Scott City KS
Casino cash: $2234734
Quote:
Originally Posted by lewdog View Post
Ok bud, I have covered calls down.

Now on to puts.

How did you buy a stock at $19ish and have it currently trading in the $17's but "made" money on it losing value? How do you short a stock you currently own and where does the money you make come from?

What do you mean when you say "I averaged down and the call premiums had no good value?"

Thanks for the help! I owe you a beer!
The puts gained value as it went down. It is a separate trade from the stock.
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