(04-23-2020, 10:28 AM)Otter Wrote: Looks like I sold them XOP LEAPs too soon. Will try not to think about it.
When you trade as often as we have been lately it's going to happen. I tend to think about bad trades. It's why I usually to buy and sell partial positions over the course of days or weeks. It's nice to get it half right lol. We just have to find something that works for our own personality.
I am selling some May 15 or earlier puts this week as I am getting a little cashy. KO, FRT,T,ADM. Maybe force my O put order to exercise today. This is the fewest puts sells I've had open for over a year. If I am going to suck my thumb waiting for a 5-10% drop in a stock I might as well use some of the money and get some of these high vol premiums.