Calls and Puts for Income Message Board

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Strategies & Market Trends : Calls and Puts for Income

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To: Bocor who wrote (5571)	10/25/2012 2:54:25 PM
From: Robohogs	Read Replies (2) of 5891

I have been trying a new strategy lately. Look for big movers and sell options against the reflex move. Just now sold $17.5 calls on SPR for one month. Met my 1% criteria and stock has to move 20%. Many little guys love to bid for these way OTM options on theory stock was just there. I am finding this new idea works better than playing contrarian and betting move stops or eases off. I did that trade too though on SPR. Jon

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