Dividends , The Wheel --Cash secured Puts and Covered Call writting

[Porgie Tirebiter]

Here's one then. RH (formerly Restoration Hardware) had huge I.V. going into earnings. I was able to sell puts between $180 and $210.

While most of the I.V. came out after earnings, there is still a lot of it in the puts expiring tomorrow. Anyway, I bought back what I sold yesterday and might be able to sell some more tomorrow? It's amazing how people are willing to buy options on the day of expiration. That's kind of a new thing...