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Strategies & Market Trends : Option Strategies

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To: randpaul who wrote (1877)6/8/2017 6:08:09 AM
From: alanrs  Read Replies (1) of 1892
 
Limit orders only. I sold calls for years in a similar fashion to what you propose, put good for the day orders to sell in at 4am and went to work where there was no computer access. I typically would put 2-4 orders in, all outside the spread, then adjust what premium I'd accept the next day and the next depending on what happened.

I don't do good till canceled orders on options because IB charges a small fee for the cancellation. Also, day orders allow me to adjust and force me to re-think each time.

ARS
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