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Posted On: 02/26/2012 3:15:26 PM
Post# of 132
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Posted By: jetpilot1101
Re: junewong #25

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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