SPY Diagonal Spread at $1.67
(Sell MAR 23 '12 139 Call
Buy APR 20 '12 139 Call)
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Do you think you could comment about how you decide what is fair value for the premium. Are waiting and looking for undervalued premiums (long) and overvalued on your shorts? Thanks.
ReplyDeleteoptions Premium and stock's strength are not related. Volatility of the stock is the major component of premium. For instance, Sears (SHLD) would have higher premium than Microsoft. I decide shorts/long based on fundamentals, technical, and overall market conditions.
ReplyDeleteHave you thought about running a fund on YoutualFunds.com? You might be able to reach a broader audience (and make a few subscriber $, if you're interested.)
ReplyDeleteI do want to build a track record before getting into more limelight. 2012 Q3 will be an active quarter for me on many fronts.
ReplyDelete