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

To: Keith J who wrote (5767)8/27/2013 10:53:37 PM
From: Jim P.  Respond to of 5891
 
KJ

I have been selling puts since it dropped into the low 20s.
I have done very well on the 20 strike as both July and August have expired.
I have other open positions on Feb 20 and Nov 22.50 and 25 puts.
The referenced post is my first purchase of calls as we are now close enough to the 2nd 1/2 ramp in distributions for the market to pay more attention.
If I get the chance I will close out early also.
jim



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