December 2 Option Strategy & Positions

Strategy
Our primary strategy is to collect $8-$15 per day in time decay on each position.  Entry techniques are based on technical trading.  For instance, we closed out some long calls yesterday when the market gapped open and had follow through.  It varies whether we short expiration short term or long term expiration options.  The benefit of shorting far out options is they require little maintenance.

Exhibit 1 shows the closing balance on December 1 with the close out trades.

Exhibit 2 shows the positions as of this morning.  We're looking at several markets to enter new positions today.  We'll keep you posted.

Disclaimer:  Past performance is not indicative of future results.  You can lose money trading futures and options.