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That's a great post MJ haven't done a futures options myself but great to hear from other option sellers. We seem to be in the trading minority for sure as option sellers say "dull but profitable" I'll forward your dinner invite

Hey Lux I appreciate you jumping into the thread I was hoping to find a fellow option seller. I have a Bull Put spread on AAPL currently the May 515 / 500 net credit of .44 tempted to buy back the 500's early in the week to get a little more juice it seems to be holding the 560 area nicely. I...

What kind of premium did you get on that spread that far out it must of been healthy

I'm one of those free loaders who generally let the postion's expire lol, in most cases anyway, I agree with you on the margin requirements you're not going to sell premium with a 5,000 dollar ES account. You need enough size to cover the requirments and I keep enough back for a large safety...

Robert I could not agree more, I didn't intend to start a a great debate about trading philosphies. Trading is a very fluid business everyone has some mode or instrument they trade that works well for them weather your trading the ES, stocks, futures,comodities it's what ever works for you...

you are correct freethinker that could happen of course that could happen to any stock. I try and base my trades on the fundamentals and technicals at the time of the trade and look for where specfic support and resistance areas are. There is risk involed selling options is not everyones cup of tea

there is a measure of risk envolved as there is in all trades I generally sell 10 to 15 postions a month far out of the money the LULU and the BA re closer than I like. I don't sell everythingl naked I sell some in vertical spreads as well

6 days remaining till May expiration currnetly looking for some trade ideas for June if anyone has they would like to discuss please post

Thank you much for your feed back my thought on the BA was to use the 50 day ema as a first area of support which was 74.74 secondary support would be the gap fill from 4-24 the close on that day was 73.21 with a low of 72.77. I try and look for consolidation areas for support. The RSI is moving...

yes mostly indivual stocks, some ETF's but for the most part stock options over the last several years

thanks for all the replys guys if any one has any trades they would like to post I'd welcome them. I sold the May BA 72.5 puts today for .48 and the LULU May 70 puts for 1.23 both expire in 8 days

was just looking to see if there were fellow traders out there who sold premium and what they were looking at. I generally carry 12 to 15 postions a month to expiration it's not really exciting but it is profitable. i usually sell way out of the money strikes was just wondering if there were...

I sell options permium month to month for income was looking for some fellow option sellers who either sell either naked or in spreads