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#1
24th March 2007, 06:22 PM
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Option writing RCOM
I have been trading in derivatives for around an year or so. I have not written an option so far. I have an idea to sell RCOM 390CA for around 40 when the spot price comes near 430. I already have a 420CA which i bought for 5. At the worst will i loose any money???(spot price around 427)
Anyone active writers .. pl advice 
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#2
24th March 2007, 10:49 PM
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Re: Option writing RCOM
First stop writing calls and start reading about options. My other suggestion would be to sell 420CA and take the profit.
When u sell call u sell maximum fluff or time value.... Regards
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