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September Puts are gone


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#1 denleo

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Posted 18 September 2007 - 03:21 PM

All those puts I was selling are about to expire worthless. Well, human eye can never get tired of watching camp fire, water on the beach, and puts we are short expiring worthless. I will start selling October puts soon. Not yet. Soon. Denleo

#2 greenie

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Posted 18 September 2007 - 10:15 PM

Good play. How do you hedge against sudden down move (as opposed to sudden up move as of today)? Best, G.
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !