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Strategies & Market Trends : The Art of Investing
PICK 49.10+0.1%Dec 4 4:00 PM EST

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To: Vegas who wrote (141)10/1/1998 10:16:00 AM
From: Sun Tzu  Read Replies (1) of 10656
 
The Bid / Ask spread relative to price of the option is too wide. As a general rule, when I sell options I sell them two months out, and when i buy them, I buy them 3~6 months out with the intention to sell them once they become 2 months out (there are a few exceptions though).

Sun Tzu
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