Recent content by carthmen

I am currently observing price action and have not come to a final decision, however, my current plan of attack is selling a call vertical just OTM or right ATM a day before it goes ex so I can collect the delta of a initial sell off. I would be hesitant of buying puts as there may be a...

Hi. Been lurking these forums for a little bit, but haven't posted before, so ya! for first post. But had a question, OptionsExpress has had a large up move today on the statement of a special dividend payout on Dec. 13th of $4.50 per share. I want to play this with a option play. My...