call spread is better in this case. or, sell put, or sell spread on puts.
atrader 发表于 2010-1-25 13:45
yeah , did not see this coming on Friday. good thing is the position was not big and sold at the open, cuz I believe rise far more than 10 point is gona be a stretch. so loss was a contained pretty well. but still. this is just wrong. 1% gap, calls under water.