ES Tuesday 3-10-15
LOL I have bought calls and the price creep up till exp. and end up with a loss. But if you shorted the put you would have captured the premium
so far for me I'd always be a seller...but I'm still in training...the only way I would be a buyer would be an in the money call ( using a delta of . 70 - .80 ) and then sell a further up the ladder call against it to bring in some money.......so that sale helps pay for my call....limits my upside but I rarely can hold anything for too long anyway.... this option stuff is teaching me to have patience
Originally posted by CharterJoe
Bruce hows the selling options been? Do you prefer that to just buying calls?
Crude has a picture perfect abc wedge almost to its 21ema on the hourly if anyone's still trading. Im trying to decide if the euro is going to take a breather tonight or continue its 50-80 pip overnight slide.