A natural corollary to the concept of collecting crumbs, is what I used to call (and still do), the “D’oh Trade.”
That article, in a highly edited version appeared in TheStreet.com, but the unedited version appeared in the old OTP website.
I thought that writing for TheStreet would be a great way to get followers, but I found that I preferred to write without an editor more than I wanted the followers.
Run-on sentences and all.
I’ve spent a lot of time in 2017 making those D’oh trades and those crumbs have really added up, although sometimes they do take a lot of maintenance, as well, as I look at the possibility of losing Petrobras this week at an $8.50 strike and possibly an early assignment of Abercrombie and Fitch as it goes ex-dividend, this week.
But if you own those shares and have been following those trades, stay tuned.
But for me and so many other traders, instead of being visited by a normal physiological event, it’s the end of yet another monthly options cycle in just a few short days. Time to see if there are any crumbs left out there just waiting to be taken. And you do have to act quickly, because before you know it those crumbs get smaller and smaller, before they disappear entirely as Friday’s closing bell hearkens.