tag:blogger.com,1999:blog-4049167043965640947.post8488458365155459858..comments2022-06-05T13:28:32.605-07:00Comments on Option Trading: 07/12 Daily SummaryGustavo's Tradeshttp://www.blogger.com/profile/10318651374855413975noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4049167043965640947.post-25748383772639053762010-07-14T04:34:39.698-07:002010-07-14T04:34:39.698-07:00Good luck, yes I am looking at covered calls on t...Good luck, yes I am looking at covered calls on the strongest stocks I can find at a decent price. I also have been doing flys in the OEX but boy do you have to be patient to get your execution. The other negative is that if the market is moving fast execution can be a issue in the OEX. I have done alot of calanders in the SPX and that is starting to get tempting again with the vols coming out. If the RUT continues to move I may do synthetic covered calls in the IWM or synthetics in the QQQ's. LOL Good luck in your NDX, <br /><br />Yes as Dan says you dont want to stay in the jungle too long! Especially in these markets. LOL PaulyPBER57https://www.blogger.com/profile/03064360080158808456noreply@blogger.comtag:blogger.com,1999:blog-4049167043965640947.post-78157912508629966382010-07-13T21:54:46.308-07:002010-07-13T21:54:46.308-07:00Hey Pauly, thanks for the feedback! I've been ...Hey Pauly, thanks for the feedback! I've been consistent on the NDX butterflies, right now my plan is to wait for a pull back between now and next Monday and go for it..<br /><br />I'm also adding a few covered calls to the long-term part of my portfolio.<br /><br />Thanks!<br />GustavoGustavo's Tradeshttps://www.blogger.com/profile/10318651374855413975noreply@blogger.comtag:blogger.com,1999:blog-4049167043965640947.post-86335186517570731542010-07-13T00:15:00.168-07:002010-07-13T00:15:00.168-07:00I am a Sheridan Student. Looking at IBM butterflys...I am a Sheridan Student. Looking at IBM butterflys. for August. Also flys on XLF, and MSFT. Staying away from Indexes for awhile because of too wide deviation moves daily. <br /><br />PaulyPBER57https://www.blogger.com/profile/03064360080158808456noreply@blogger.com