Option Investor
Newsletter

Option Writer Portfolio - July

HAVING TROUBLE PRINTING?
Printer friendly version

The Ultrashort Oil and Gas Proshares (DUG) is up over $1.10 and off its highs. We should sell some hedge on the position by selling the July 33 Calls for $0.40 - $0.45. The 89 day SMA is at 32. A break above that will put us on alert to possibly roll up the July puts and/or roll up the calls.

Option Writers Newsletter Archives