WRITING TRADED OPTIONS for income

NXT responses!
Luthor thanks for the very intersting charist view. I think most of us here are chartists to a greater or lesser degree. After all writing options is a medium timecale activity. I didn't see your black candlestick as I don't use them , only MA's etc etc. I suspect you are probably right, welcome in to the NXT debate. We also write up on the NXT thread too.

- Bads .. you spotted it. I typoed an error above post 3578 it should have read 'buy some 1050 PUTS not calls). As I'm looking at April now, I'll wait as they are not cheap.

Harvester, yes I closed it when the stock made a 10p leap, about 3 working days ago I don't ahve my paperwork yet.

My loss was 2p on the whole trade, fairly insignificant. I always wait 2 trading days against my side in case it bounces back . Its not done that of course.
- everyone intersted , moving to sell NXT April 1100 calls would realise credit of 76.5p at this moment.
I don't wish to run the straddle, a strangle 1050 /1100 ,might be ok.