Average premium income selling 1 month option on solid non volatile stocks is 1-2%. What is the point of this strategy if you can invest in T-Bills and get roughly the same amount of % with virtually no risk?
Here is DIS chart with it's IV chart. Latest IV is 16.5%
http://i66.tinypic.com/b7fk41.jpg
Here is DIS option chain and i don't see anywhere this particular number 16.5%!
http://i63.tinypic.com/167kxi0.jpg
More to it, i bach tested some options with huge movement in IV chart and found funny...