Sensor Dis, SensorMan, LOL! Ok, Great Question, we take the Previous days Stock price range, match it up to the Option price ranges of CHOICE, this gives us a GREAT Feel for what kind of price variance to expect, especially if stock prices Mirror the previous days to some degree!?
This great starting point pretty much points us in the right direction as to what would be a great entry price!
In addition, we have Feb45 calls and Feb43 calls that will start PRINTING Money if prices go Too high, therefore, when price gets to the critical "Start to print" Money level, we FADE our Sorry Asskie and then start PRINT-ing Money EVEN if da-boyz DUP-us, well, AGAIN, and head in the reverse direction!?
This is our OE Port Charter as well in regard to our message, PLAY both sides and paly-em OFF-ten, yes!?
In regard to Selling options, I disagree but can NOT expound TODAY (I'll get around to it someday), and with the action we anticipate today we need to FOCUS Grasshopper, BUT, you're right in regard to Buy-ing being a Losing proposition because the Delta's are so high that BUYing is reckless in EVERY regard (dats if you're NOT us or da-Boyz dat is, LOL)!?
I hope this helps me-amigo, not get in dare and Play-Away!
nm