Well I would probably do option 2 but I have Scottrade and they do not allow selling puts. I would have to sign up for their sister company Options First or transfer some $ to my options house acct. I saw on Options Action about the on Friday PUT spread. Also looked at last ER and it made a good jump so I think it is possible but I will be out of the CALLS or PUTS by then or should
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.