I made a trade on Friday that I didn’t report. That’s because it was for a premium of only $0.03 and was only worthwhile if you owned lots of shares, but for those into that sort of thing, here is a reprint from about 5 years ago
It’s that time of the month again. Even males have known the feeling of that monthly visitor, at least indirectly. In that sense, males are naturally accustomed to dealing with derivatives that have predictable times of onset and expiration.
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.
I suppose that since I now try to find as many weekly options opportunities as possible, that third Friday of each month has lost a bit of its significance. Now its more or less like any other Friday. I’ve never had to deal with a regularly recurring and potentially disruptive physiologic event, but I can’t imagine that such disruptions on a weekly basis would be very good. But when it comes to options, the more frequent the better.Click here for reuse options!
Copyright 2017 TheAcsMan