Digital Power Corp (DPW)

[PennyStockTrader2]

they started writing options every 50 cents a week or so ago which is absolutely fantastic. That allows a lot more flexibility to your trading strategy as the price shifts around from 4 to 6 bucks, its all pure profit, just need to sit like a sitting duck and collect premiums, I love it. So far I have written 154 options for Feb 19 strikes for almost $15 grand and they could all go out worthless, and if they go into the money, as it had for me last month with the 5.0 calls I will have to decide how many to re-write for March and how many to just cancel out underlying stock, it will have to depend on where the price is IF its in the money, of course I hope it closes under $5 but no way to know what it will do, thats why they are fetching so much for these. I have started writing for March as well BUT the premiums with only 2 weeks left on the 5.50 and 6.0 calls when there is a spike in price as there was today is fantastic, but next week I would probably start writing more for March depending on price action.