Option premiums have declined so it has been made for bare cupboard for put writers like me that are looking for low risk sells. The low premiums have me thinking about changing tactics.
A few movers today include Smuckers SJM with good earnings. Option premiums were too low for me to take action. Research in Motion RIMM flopped on their earnings. Carnival Cruises CCL popped up on decent earnings, beating their much lowered expectations due to swine flu.
Long SPY expiring tomorrow
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