Here we are with June expiry upon us and only 6 more months of premium selling left for 2011. Summer is always tough to gauge what’s going to happen in the markets and it seems that some months it’s more prudent to be invested lighter than normal. It’s always been a rule of mine to
April’s SPX Range
As a premium seller I’ve already been in the month of April for two weeks. One of the data points I track is the range for both the option cycle and the month. On average, over the past 10 years, the range for opex is 78.2 points while the monthly range is 72.74 points. If