I apologize for not posting last week but I was out of town and had no access to a computer. There’s a nice rally in the markets lately and I hope it continues. For next week’s May expiry the calls and puts actually are beginning to look normal. The call/puts for June are mostly normal with real estate and banking being abnormal. I don’t know what to make of it other than the market will be a fairly stoic during the summer. Flat markets make excellent covered call plays so I’m considering tipping my tow back in the water but I wait till after May expiry. I hope there isn’t a massive sell off next week.
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