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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: dealmakr who wrote (4995)12/21/2011 9:53:52 AM
From: Debt Free  Read Replies (1) | Respond to of 5891
 
dealmakr

I have selling IWM weekly puts and call lately and just in case you were not aware of it, I have found out that the IWM actually closes at 3:15 instead of 3:00. I was not aware of this until just the other week. I have an email into the CBOE asking if they can point me to the documentation that talks to this but have not yet heard back yet.

So far it has not been an issue for me, but it is forcing me to rethink what I have been doing (selling the options near the close and let expire)



To: dealmakr who wrote (4995)12/21/2011 11:20:56 AM
From: Robohogs  Respond to of 5891
 
Deal,

ANR has whipsawed me. Sold puts and made good money but then added short calls headedinto spike and got killed so I inched out price up and Boom! Breakevenish but had good profits. It can really move!

Jon