The Options SIG will meet at 6:30pm on May 10 to review questions on covered calls, and open discussion/presentation on puts.  We'll demonstrate how selling/writing a put is much the same as having a covered call  and hopefully get to our first spread, selling one put and purchasing another.

Announcing the first get together of persons interested in discussing/learning how to use married puts as portfolio insurance to protect your investments during unexpected downturns in either the underlying stock or the market as a whole.  This first meeting is Saturday, October 30, 2010 at 3:00 PM at Waldo's Coffee House in the Heights.  The address is 1030 Heights Blvd, phone is 713.869.0700.  If you’re interested please email me at michaeljgamble@yahoo.com (713.927.7084).