tough
if youve only bought options before, i wouldnt recommend testing naked options in this market.
most money managers i know personally are.
sitting in about 70 cash and defensive co as they pull back, add to their positions
Course, the issue is, What are defensive co s exactly?
The problem I am having as a strategy for myself is to do options on things that are doing well, ag, commodities, especially on the dips of late, like mon, pot, de or to to pick up the stock itself. I am thinking deep in the money calls with higher deltas, but i donot know.