|I don't have any fancy strategy...|
Look for juicy premium with under $10, buy stock and then write calls and/or puts. (The reason I like under $10 is I like to know maximum loss, in case the stock goes to zero.)
DRYS, MGM, YGE, SVNT,... So far all these and financial stock did well. (Ahhh yes, got burn from MGM play though. This stock came down too fast.)
And FAS and FAZ play didn't do much. (These would have been a terrific shorts, but the only problem is unable to borrow them)
Past two months, heavily in financials, now shifted more weights in gold and commodity stocks.
Or sell puts of the stocks that I want to buy. (AA & CBS)
So what are ya been doing or holding right now?