Selling ITM calls in TLT

Discussion in 'Trading' started by TheCaymanIsland, Dec 8, 2008.

  1. anyone selling these things??
     
  2. S2007S

    S2007S

    TBT
     
  3. You're going long TBT?
     
  4. Lucrum

    Lucrum

    IF I were going to sell naked options as a bear play I think I'd sell the near OTM strike.
    Delta is lower if/when it moves against me and if I get assigned it will be at a higher underlying price than where it was when I entered the position.

    Just my .02 AND I don't trade many options any more.
     
  5. S2007S

    S2007S


    Not yet, Looking to get long under $40.00