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

To: Bocor who wrote (5664)	2/8/2013 3:35:27 PM
From: Bocor	1 Recommendation Respond to of 5891

Looks like my LMT will go expire barring something nuts next week. Sold the March 82.5's for .91 yesterday. Even if I get assigned next week, the premium was good, and I can sell CC on what I own in the meantime. Don't mind owning LMT as long as the yield stays where it is, and as the price drops, the divvy goes up. I played CLF for months and months, and still have a set of 32 puts out into March. Cycles play themselves out most of the time. I don't know why more people don't generate income this way~