Hi all, Wow some new names and option players. Been off line for a couple of weeks while my wife and I went on a golfing trip to Palm springs and the Phoenix area. (SUNSHINE !!)I kept up with my options while away. What did I ever do without an I-phone??? Lots of you using index plays. I haven't used them much lately but they are a great way to do options. For me I am still using quite a few CC's with FSLR and FB. All expired on Friday and tomorrow I will decide on which strike to open new coved calls by the plays at the opening or after an hour or so. If the stock is moving up I let it ride until it seems to level off for an hour or two. If down I will open at the next higher strike above the current stocks price. For covered calls I open just the opposite of IC's or puts etc. I open them quickly for the current weeks to capture all the TV I can get. For IC's I like to wait until maybe Wednesday. Lets hope the Russians behave and the news settles down. Good luck all