Posted On: 02/26/2012 3:15:26 PM
Post# of 128
If you say the premiums are great to insane, that is right up my alley considering I am usually an option seller/writer and not a buyer. Right now I'm targeting SPY with weekly IC's but the premiums are not great and a $1 can kill you if it's early in the week. With that being said, if you open on Friday and SPY doesn't move over the weekend, you can make a decent amount by unloading on Monday. You need to watch the commissions though.
I would steer clear of AAPL, that has been very unpredictable.
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