Playing the "somewhats" by Len Yate
ARTICLE SYNOPSIS ...Playing the ""somewhats""
by Len Yates
Tired of waiting for the market to do something significant and you want to steer clear of naked
writing? This article describes a way to play what I call the ""somewhats"" -- times when you expect the
market to go somewhat higher or somewhat lower.
There is a very good strategy to apply in times like this. It's called a ""credit spread"" or ""vertical credit
spread,"" and it has two distinct advantages: You can profit handsomely from a modest change in the
underlying security and, if you choose out-of-the-money options, time is on your side. While you'r...