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To: CommanderCricket who wrote (162526)1/18/2012 12:54:01 PM
From: Debt Free  Read Replies (2) | Respond to of 206151
 
Michael

just wondering if you take into account your feelings about the overall market when you enter in a trade like this. They say that 3 out of 4 stocks move in the same direction as the "market" and if we start to correct this could break support. I understand that you will cover at 200% so you have your self protected.

The reason that I am asking is that I am wanting to sell some more puts on numerous stocks but at the moment I am holding off because of my overall concern that this rally is due for a correction or at least a pause of some sort.

Thanks

Doug

PS also wondering if my IOC Jan 65 calls could get called. nice problem to have :-)