Option Millionaires

[Derek ops]

Lee I am really starting to think I may try your method of going short by selling calls. I have LNKD calls and puts this week. Monday did well on the 100 puts after the quick push to 107 and then the fade down to 102. However, I went in with 110 calls that day too and those went all the way down to .05 today early on before they rallied to almost .90 then closing at .55 I think.

If I would have used your stradegy I could have sold the 110 calls and made even more then what I have cleared so far. Just by buying the 110 calls back today at .05 I would have made more. Very interesting approach you have and the more I look at it and paper trade it the more I see the advantages.