YHOO Covered Calls and Covered Puts

Here is a review of the trades in YHOO so far. I typed this up yesterday but didn't publish it until today. You can see that YHOO has a 10% range that it is swinging back and forth in and this is certainly an opportunity to make a decent amount of money. However, I prefer to bet that the downside will hold and to get premiums in return for giving away the upside. I will stop doing this if the stock approaches the $17 area as at that point we will be too far away from what I see as valuation support in the $14 area. So far there is a tremendous opportunity in YHOO shares to make a solid return from options strategies. Cheers. By: Technical Tim, Tues, Dec 27, 2011 4:54PM EST