OJ Portfolio Update
For those "swingers" out there who care, the OJ portfolio has been updated and you'll notice some new positions that I'll be talking about in the next posts.
Remember, long term option positions use time to their advantage which means I don't have to be absolutely right and have perfectly timed entries to ultimately profit from option positions. The counterattack to inevitable time decay (theta) of options is buy more time. That's why you'll notice my positions typically tend to have expirations 90 days or more away.
And judging from some of my position P/L, you're probably wondering if I've done this before. Time will tell.
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