Replies to post #16028 on Options Wonderland

[Paul123456]

Thats absolutely true, but how do you reason one is a result of another? If thats the case, everything can be a cause for something else.

[dalcindo]

I was not aware of that ... Good to know.

D.

[Fox13]

For OpExp I count on SPY closing between 91 & 96 (broad limits). I started by selling Jun 96 calls and Jun 91 puts against same Jul strikes. Positions are progressively constructed. Rolling of short positions will be done if advantageous , the main purpose being to narrow and /or determine a preferential direction of the trade.