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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (177532)3/29/2013 1:36:01 PM
From: DELT1970  Respond to of 206169
 
No, because for the sake of risk management I don't take a strike too close to the price early in the week for the short put initiation unless I'm sure I want the stock for a subsequent buy-write. I'll add Wednesday or Thursday to harvest a further dime when I'm fairly sure how the stock is trading and likely to close Friday. The weeklies augment the 1-2 month program. I don't go out as long as the Commander and others do.