Calls and Puts for Income Message Board

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Strategies & Market Trends : Calls and Puts for Income

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From: Debt Free	4/28/2011 1:45:40 PM
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put in an order to sell some covered calls and naked puts today on ODP. At the time, the stock was at $4.50 and I was selling the July 5 calls and July 4 puts. The bid ask was $0.20 / $0.30 on both of them. I put my order in on both at $0.25. Both options had around the same open interest. What is interesting to me is that my order on the calls was filled almost immediately and I am still hoping to get my fill on the puts. Really don't want to lower my price since it trades in $0.05 increments for some reason.

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