Sitting on my hands for the Month of June so far. With the recent run up in the Market – and the VIX trading at 13.48, not many opportunities for Selling Cash Secured Puts or Covered Calls. My watch-list is down to Verizon and Kraft Heinz, neither of which I am in love with at these levels.
The text books would say it’s time to buy options, especially puts right now, but I try to never buy options – timing is too hard (for me anyway). My trading account cash is making 5% sitting in a Money Market, so no complaints, but I am open to any suggestions – getting kind of boring.
Leave a Reply