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To: skinowski who wrote (134458)7/16/2006 1:20:58 PM
From: mishedlo  Respond to of 209892
 
If you go deep enough ITM there is little premium no matter how far out you go (at least on the Qs). It is probably better to go out extra months than to continually roll over contracts every month. Plus you have the chance, if you want it to sell some OTM options against the position to pick up some time premium yourself.

Mish



To: skinowski who wrote (134458)7/17/2006 2:55:41 PM
From: IHateSourCream  Read Replies (1) | Respond to of 209892
 
6% move for RACK today (fortunately up <g>) Bounced right off the 200 SMA. Just wish volume were better:

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