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


To: Robohogs who wrote (5171)6/19/2012 7:35:05 AM
From: CommanderCricket  Read Replies (1) | Respond to of 5891
 
Jon,

I like WLT because several times a month a buy out rumour hits and the shares rally a few percent. Cover half, rinse and repeat. Worked well so far. Premiums are juicy too.

I also like BTU but have been giving it a few more days. I tried to time several trades over the last few months and lost. Want to be right the next time.

Haven't followed CNX much but agree it's a good candidate.

My WLT position is short Jul/Aug/Sep 40 puts

Michael