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gotta be some call sellers getting reamed here
- Thread starter stock777
- Start date
Not on NOK. Sold calls yester bought them back today. And... today is a good day to sell more calls.
- Ray
- Ray
yup.. some folks I know.. sold lot of naked OTM July expiry and have given back all gains from past 3 weeks.
all it takes is 3 Plus days and lot of high probablity naked calls get In the money..
the nickel and dime approach to selling naked puts and calls has its pains.
if selling front month OTM naked calls is your strategy,,,and you break even this month. thank your stars.....
and BTW, august is a long 5 weeks plus the deadly earnings season..
some where I read , seasoned option players stay away from the earning season months.. ha ha.
all it takes is 3 Plus days and lot of high probablity naked calls get In the money..
the nickel and dime approach to selling naked puts and calls has its pains.
if selling front month OTM naked calls is your strategy,,,and you break even this month. thank your stars.....
and BTW, august is a long 5 weeks plus the deadly earnings season..
some where I read , seasoned option players stay away from the earning season months.. ha ha.
Yeah, my few pre-earnings calendar plays were doing great in the previous weeks, but those positions lost a significant portion of their profits this week because of the vol.