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April 11, 2016 at 4:14 pm
#5341
IncomeLab (Old)
Participant
If you are going to go farther out in time, dont use same strikes but look at those strike’s delta. The goal is to sell spreads with delta around 10 (+/-). I will try JUN1 for few days and if I dont fill my trade I will move on to next expiration. I will trade JUN monthly when it’s 50-60 days to expiration.