Smooth Sailing With Options

Just an observation to sharpen our trading: Today, the day after Thanksgiving, volatility on IWM is around 14%, which is 1/2 or 1/3 what it usually is. It’s because it’s a holiday week and volume is very very low. So even though I could sell calls, there’s no point at such low volatility, so will wait for Monday. Timing is everything. Will remember this for Christmas and New Years and sell out a full week or even a week and a half.

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