GFP,
As usual, my timing sucks. For the May option period, I owned 20 SDS calls with a strike price of 21. They were underwater most of the month and SDS closed the May period closer to 20. In the last week, I was going to sell 19 calls against my 21's, once SDS hit 21. It made it to 20.95 before pulling back. Would have profitted nicely but for a nickel. The cruel markets know my every thought and tease me all the time. Options expired and I decided not to play anymore.
So naturally, the next month, June, SDS hits 21 today and I don't have those calls. How do they know? Same story every month.
MF4
