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Ontario's middle east | The lower board may be an opportunity to pick up some courage calls. If you are the type held back from selling cz7 in the low 4s because it's dry in KS etc, you might consider some short dated new crop Aug17 440 for around 9c. That would leave your top side open until Jul 21. I would think by then you are glad you took low 4s and calls expire worthless or they are in the money. As you know I'm not a big options guy but I also recognise we don't all have the same psychological makeup. If fear of higher markets hold you back from profit based target selling, it might be worth considering. Down side is no floor established yet and no guarantee the seasonals will save us. Good luck!
* Not a CTA . People can and do lose money trading (like me), bla bla bla ....... | |
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