So my puts all worked out last month. Wahoo!
This time around, I tried a "calender-spread" on more puts.
I SOLD both May AND June $15 BB (Blackberry) puts.
The May is almost due to expire and BB has been jumping between $15 and $16+ in the past few weeks.
The June is still languishing only slightly below my entry price (I'm up), and the May is moving LOTS, but seeing as it's expiring this Friday, I suspect it will be done like dinner.
I'll keep you posted once they expire!
I've been playing some resource stocks (mid-cap oil producers) with mixed results so I'm thinking of blowing them all off and just writing puts.
I seem to do much better with just the puts.
