ClearValue Investing
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AG Positions
🕑 Added 2025-12-02 15:37:10 +0000 UTCCurrently, we have two covered call positions on AG.
The goal is to have these two positions close. We just need it to stay above $13 by 12/5 and 12/19. Right now, we have a good cushion as AG sits around $15.
If AG falls to the $14 or $13 range, then I would be open to repeating the trade (writing another cash secured put or buying the stock and simultaneously writing a call).
It AG falls to $14 or $13, it would be ideal to repeat the trade after the 12/5 position closes, so that we don’t overdo our exposure to AG. However, and of course, the market doesn’t care about what would be ideal for us, so we’ll play it by ear.
Comments
DJ FOXHOUND
haha ok good, so it's not just me :-D It's interesting to learn more about the more advanced strategies though. Glad these are posted as well.
Christopher E. Fanslau
The options here Brian is mentioning is not for beginners ! I hope you guys are not just throwing money at this not understanding how these options work. Options can be complex they go well beyond a simple buy to open call which you would be betting on the underlying asset let's say AG to go up. A buy to open "put" option would mean you are betting the underlying asset is going to go down in price then you would sell to close that put option and take your profits if the underlying asset did go down in price. That is options in its simplest terms. If you're selling to open or covering a call, that is a whole different game and you better understand.
nattachai nudol
He said in the other post that he sees AG as a short-term position, so I believe he does not want to hold the AG but rather wants to sell it and collect premium and do another sell put.
Samir Pandya
I can't make sense of this post. You want the price to fall back down below $13 if you want to collect the premium AND keep your shares. Otherwise they'll get called away.
