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Re: Toofuzzy post# 403

Wednesday, 08/05/2015 1:12:41 PM

Wednesday, August 05, 2015 1:12:41 PM

Post# of 907
fuzzy sorry if I did not state clearly, I sell puts weekly at different strikes usually if I get them assigned I sell calls for the week. I usually had a chance to sell higher than what I get for calls but I do not want to guess best sell price so if I get assigned at 90.5 cost and monday svxy 92.7 and I sell $93 call for 1.2 i take it and usually svxy goes higher than my 94.2 profit ceiling but I get profit or lower cost basis.

rinse and repeat even here with vix flirting with 12

when vix futures spike I sell sometimes 10-15 puts in a week at different strikes and expirations

1 dollar is better than no dollar