When Selling Options, What Delta & Expiration Date Do YOU Like?

I must be hanging out with the right bunch of people, then...

 

YES!! Thank you for catching that and correcting. I will do the ratio spreads when I feel the spike up or down in prices is extreme and volatility / premium make sense.

 

It's good advice but to get a credit, there has to be enough time decay in the intial put sold. It also requires that you have the opportunity to trade at $98.25 (gap?). Stocks and options don't always cooperate :->)

 

Im quite convinced that they never do.

 

I beg to differ. They always cooperate in the Simulator :->)

 

Can you give an example of a ratio spread?

 

buying 1 dec silver 18.50 call and selling 2 dec silver 19.50 calls ( can be 2 by 4 or 10x20 - the ratio is 1:2)
currently this spread is trading at a credit of approx. 5 cents or $250 per ratio spread.

this is just an example, not a reco....