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Author: Zumba Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1203  
Subject: Re: ideas for regular weekly index options Date: 1/28/2013 9:26 PM
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That's why I like vertical spreads - you get defined risk, and a margin of error, which makes me less likely to panic out of a trade. Try selling put or call vertical spreads on SPY or IWM, depending which way you think the market is headed over the next week or month. As long as the underlying stays above the short put strike or below the short call strike you make money.
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