jdietz1954 8:07 am on Wednesday, January 25, 2017
Tags: SPX ( 105 )

#SPX Campaign Jeff et. al….

#SPX Campaign Jeff et. al. With the market seeming to be finally breaking out here would you advocate closing a Feb 17th 2340/2360 Call spread here or wait and roll later.

geewhiz112 9:13 am on Wednesday, January 25, 2017

I know that I have a hesitates (as in he who hesitates) success rate of less than 25%.
Each time my optimism kept me in only one in four works. Not a good way to preserve capital. Did it again yesterday and boy am I sorry.

Just sharing my experience. Is not a predictor of future events.
- jdietz1954 10:25 am on Wednesday, January 25, 2017
  
  Geewhiz112 Thanks for the comment. This is my learning focus for the year. I want to follow Jeff’s method but am torn as I believe we will go substantially higher making holding the wrong choice. Maybe go long a call a few months out. The BuPS have worked nicely though so it is not all bad. I shall go walk the dog and gives this more thought. Thanks again.