I am mostly an options seller and usually naked calls for the bearish ideas and naked puts for my favorites to own if necessary. Wish I had loaded on the Fro ideas. I saw same thing in June when divi was paid. I sold naked 50 calls on Monday for .35 then closed that today for .05. Then sold naked Oct. 40 puts for .20 today. No brainer. You gotta love plays like that! Eggman1
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I am mostly an options seller and usually naked calls for the bearish ideas and naked puts for my favorites to own if necessary.
Oct 10 22:03 pm
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All Comments by Eggman1 »Frontline Ltd. Arbitrage Opportunity [View article]
Wish I had loaded on the Fro ideas. I saw same thing in June when divi was paid. I sold naked 50 calls on Monday for .35 then closed that today for .05. Then sold naked Oct. 40 puts for .20 today. No brainer. You gotta love plays like that! Eggman1