Replies to post #117278 on Option Millionaires

[leemalone2k3]

I'd give them a ring, since no shares were exercised there is no 5 day rule for stocks to settle.

7 for 7 is quite impressive.

Spreads are so cool. You can make money if the stock stays flat in many cases and you sell ATM. You can even not lose money if the stock moves slightly against you. You can make a nice return if the stock goes up a little. In return you give up the UltramegaZilla multibag returns when you just buy an option.

Since you are doing credit spreads, check out selling on the opposite side as well and turn it into an iron condor. In other wordsif you sell a put spread, then sell a call spread too. As long as the stock stays in between the sold puts and the sold calls, you make max gain on both credit spreads!