Will Erlandson: Added to TBT today (MAR 2014 14 Calls) and closed short OCT calls for a profit after a couple weeks of theta decay. Long only now.
10/4/12
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Will Erlandson: I agree the strategy will continue to shake out long term, I just use a different take on LEAPS.
10/4/12
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Will Erlandson: I only like to pay that much premium on larger stocks that I can sell front month calls against.
10/4/12
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Justin M. Hall: Will, I like your strategy. I do things a bit differently, but both methods will work. I also tend to make conservative recommendations.