Tag: Selling premium

Selling Premium (Part 3)

So far I’ve outlined some historical ranges and gone through some technical analysis on the $SPX in an attempt to show how I approach the market. In this post I delve into the option chains to see what’s being offered and where I can sell premium that aligns with my analysis. A few rules that

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Selling Premium (Part 2)

In part 1 I discussed the ranges of the $SPX which gives me an idea of what to expect for the coming option cycle. In the opex chart that I used in that analysis I’m only able to see the completed cycles so I need to move to a more traditional price chart for the

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Selling Premium (Part 1)

Over a series of posts this week I’m going to share some of the process I go through each option cycle to discover where I should be selling $SPX premium. The chart below is where I begin. Each candle represents a complete option cycle and thus I have a range. I start by looking at

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You’re My Boy “Big Blue!”

I recently closed a position that had me short the November 125 calls in $IBM (with protection via long 130 calls). While I would have liked to still be in that position, I chose to close it recently to avoid a potential loss. One of my favorite strategies is to sell premium post eps at

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