News Focus
News Focus
icon url

downtimepg

03/18/14 7:54 AM

#360116 RE: George the Greek #360112

George,

the stuff I put out yesterday was for the march options.

This is a good week for momo option plays, because it is optiob expiration week. So the prems are diminishing fast.

Sometimes, as in yesterdays examples you get lucky and the premiums are neglible for a decent play.

Every now and then you find something you like right near the money, very low prems, that you can ride a 1000 shares or so for just a few hundred dollars.

One week a month (now), for these types of plays, or the weeklys.

Yep on the occasional straddle, if you expect a multi dollar move on erns or whatever. Watching a couple straddle possibilities for straddles later today.

As far as writing puts, you better have a good grasp of general options before you consider that alternative.