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Strategies & Market Trends : Galapagos Islands
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To: herry iball who wrote (30474)3/4/2003 11:55:04 AM
From: Jorj X Mckie  Read Replies (1) of 57110
 
Agree heartily on trading out of the front month. That is my plan for today. I still have March puts, so I want to sell them on a drop and then buy the Aprils on a bounce.

I tend to go a bit more ITM. But I will balance ITM level with time. i.e. if I go out a couple of months I might go ATM or OTM, but if I am front month (for quicky trades), I always go pretty deep ITM.
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