Registered: May 2009
07-21-12 07:35 AM
I was a fan of the series. I just thought this one was too long and too boring,... and with a story that was all over the place, and too stupid to be believeable. I even thought the acting by a lot of the characters was silly and not believeable.
As for doing weekly options, I've never done them.
Mostly because I'm pretty picky when it comes to stock and strike selection.
So when I finally see something the looks good, I'm not going to waste the opportunity picking up a puny credit on a weekly.
Good stocks offering good strikes, don't often stay at such good value for long. Hence I prefer to get as much credit as i can from them, over a 4 - 6 period.
The annualized % return looks really good on those weeklies.
But the dollars suck.
When i go shopping, stores and hookers want to be paid in dollars. Not percentages.
And unless you go from week to week with either no gaps or few trading gaps, those frequent gaps between weekly trades, will eventually cut into your dollar and % return at year end. Not to mention all those extra commissions.
However, if you're more into trading volatile, and unstable crap, which pays much better premium than the more reasonable valued quality companies,... then i agree weeklies may be the place to be.
Get in and get out.