With the continued chop in the markets this past week I’ve been extremely thankful that I sell out-of-the-money premium. In fact, one of my predictions for 2010 was that it would be a great year for selling such premium. I can honestly say that with the year nearly half over it has indeed been a great year. We did have a less than favorable close for the week (in the eyes of the bulls) but not the sell-off some were expecting. Enjoy your weekend!

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