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Strategies & Market Trends : Calls and Puts for Income

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To: Keith J who wrote (5626)1/4/2013 1:51:14 PM
From: Keith J   of 5891
 
Sold some C Jan. 42 puts for 94 cents (should have sold these earlier in the week).

I may let this exercise if stays under 42 at expiration. I like the fact that there are very tight bid/ask spreads, and that you can use weeklies for multiple weeks forward (as opposed to most weeklies that only have a single week forward).

Trying to bring put portfolio duration down before mid-February.

KJ
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