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BEISBOL77 escribió:="aleelputero(deputs)"]a ver si las podes aceptar una vez aunque sea, ya alcanza, la diferencia entre vos y yo es que yo no aprovechare tu error para bardearte. Por la sencilla razón que suma.

Ale, se opera hasta el lunes 26/03, el martes es el ejercio.

Saludos

claro pero lo que brinde al amigo es una cobertura, si el dato es malo, y el cupon baja por debajo de 13, se ejerce y listo cual es? tan dificil es?.

7. Conclusion
This study shows the BXM Index, a benchmark for an S&P 500-based covered call strategy,
had slightly higher returns and significantly less volatility than the S&P 500 over a time period
of almost 16 years, despite the fact that covered calls have a truncated upside in the short term.
The CBOE BXM Index is found to have been an effective substitute for large-cap investment
that improved the risk-adjusted performance of standard investment portfolios, and that it is
reasonable to conclude that investable versions would have substantially replicated the
performance of the index. It is also determined that the BXM strategy would still have been a
very desirable investment when its return was reduced by 100 basis points. Further, several
fundamental considerations have been identified that might explain the relative performance of
the BXM strategy. These conclusions, together with the likelihood that any changes in the
relative performance of the BXM will evolve slowly over time, lead to the assessment that the
BXM strategy is a prudent investment option worthy of investor attention.

http://corporate.morningstar.com/ib/doc ... yWrite.pdf

nitramus escribió:Para compartir mi punto de vista, sin animo de polemizar, ya que todos merecen mi respeto por su forma de operar, digo:

- Lanzamiento cubierto de calls = lanzamiento descubierto de puts. -

Eso es basico para cualquier operador de opciones entonces la pregunta es:

Serias capaz de lanzar puts de aire durante años en el Merval? Y si la pregunta fuese por la negativa entonces por que hacerlo con el covered calls?

De la wiki:
This strategy is sometimes marketed as being "safe" or "conservative" and even "hedging risk" as it provides premium income, but its flaws have been well known at least since 1975 when Fischer Black published "Fact and Fantasy in the Use of Options". According to Reilly and Brown, [5]: "to be profitable, the covered call strategy requires that the investor guess correctly that share values will remain in a reasonably narrow band around their present levels."

Pero...
Two recent developments may have increased interest in covered call strategies: (1) in 2002 the Chicago Board Options Exchange introduced a benchmark index for covered call strategies, the CBOE S&P 500 BuyWrite Index (ticker BXM), and (2) in 2004 the Ibbotson Associates consulting firm published a case study on buy-write strategies.[6]

Y el remate final :
This type of option is best used when the investor would like to generate income off a long position while the market is moving sideways. It allows an investor/writer to continue a buy-and-hold strategy to make money off a stock which is currently inactive in gains. The investor/writer must correctly guess that the stock won't make any gains within the time frame of the option; this is best done by writing an out-of-the-money option. A covered call doesn't have as much potential for reward as other types of options, thus the risk is also low. This is a great start for beginners who would like to get into options trading.

esto es un quilombo...¿crees en los covered calls? compra BXM !

a ver si las podes aceptar una vez aunque sea, ya alcanza, la diferencia entre vos y yo es que yo no aprovechare tu error para bardearte. Por la sencilla razón que suma.

el 27/03 vencen ahi llame a mi sociedad de bolsa, pregunta de ultima a tu agente, el 26 se sabe el emae asi que ahi podes tener una perspectiva en base a como viene el dato. Te equivocaste vos esta ves jetro Pero criticas como estan suman, y las acepto. espero que sigas en esa sintonia.

creo que tiene razon jetro no mire el almanaque compra a abril entonces.

Gracias ALE por tomarte la molestia en responderme

el_porteño escribió:Ale,como ves el tema de los TVPP, yo los tuve el año pasado y los vendi en fines de diciembre con ganacias de un 18% .
Ahora la pregunta concreta es ¿Porque seguir apostando al cupon en $?
El 26 de marzo hay un dato muy importante y¿ que influencia tendria en el cupon directamente?
Gracias por tu parecer. Abrazo enorme ALE!!!!!!

yo creo que si amigo, mira si dudas no se cuanto dinero manejas vos pero podrias comprar unos puts protectores de la base 13 a marzo por si las moscas viste que venga mal el dato. ahi te cubris cualquier baja poor debajo de 13. hasta el jueves que viene.

ojo que por las dudas tengo un call
si baja joya
si sube recompro con la venta del call