It was a partial work week for me. We got back from FL vacation on Tuesday night. The last three days of trading were mostly upward and boring for options sellers. Of course the positions for this week were laid out weeks before. It was an all winner week again with $3700 profit.
The Yahoo trader group is getting crowed with many styles of trade approaches. I am observing and learning from them. But be ware of not being distracted. I am using more and more credit spread instead of naked options for the reasons of efficient margin usage and risk control. The downsides are higher commission cost and harder to scale out.
Grains started to turn negative again. I added couple of positions of corn and wheat bull puts based on seasonality. I will exit or let expire for my July positions next week. Most of them are safe now.
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