Recent Look at the Market Sentiment & VIX Trades a...
»
Signature Tools: The Long Option Finder
»
Signature Tools: The Stock Repair Tool
»
Signature Tools: The Stock Insurance Tool
»
Signature Tools: Strike of Pain Tool (based on th...
PowerTip #78
Has your stock fallen in price? The Stock Repair tool can help you repair your sunken stock. Simply enter in your stock symbol, cost per share and number of shares and the Repair tool will try to find ratio call spreads to lower the break-even of your stock position.
Yes, ratio call spreads by themselves have infinite risk to the upside, but by combining stock ownership + long call + twice as many short calls there are no naked calls. The stock ownership covers half of your short calls and the long call covers the remaining obligation. Check it out, and see if your fallen stock can be repaired!
