how are you doing for July expiration

Discussion in 'Options' started by drcha, Jul 1, 2009.

  1. drcha


    I'm feeling lucky to have exited my Jul/Aug calendars for even $. The volatility really dropped.

    Made a bit on flys, but I had to work hard for it. I hope every month is not going to be this labor-intensive while we slog through this recession or whatever it is.....
  2. I closed a couple of my credit spreads for July. Still have 18 open, in a variety of industries.
    With respect to volatility, I try to minimize its influence on my trades whenever I can.
    An example of that is using narrow strike gaps of 1 - 1.5 when its offered.

    Putz Master