Optionsellers.com

Good Afternoon, this is James Cordier of OptionSellers.com, with a market update for March 11th. For those of you who have read some of our books, The Complete Guide to Option Selling and the different editions, on the very front cover we talk about hopefully making stellar returns in bull and bear markets. The commodities markets over the last three years now have been certainly trending lower, and we feel that low has taken place. Over the last several weeks, we talked about looking for stabilization in commodities, so that they’re not constantly going down and pressuring option prices. As the market slowly declines, and as commodities have over the last several years, put increases, as far as premium, increases at a very slow rate. Of course, call premiums on the top side doesn’t increase at all, making for a very difficult or sometimes stagnant way of option selling. That has now changed. Volatility is now in the market. Many commodities, which have been in down trends over the last several years, are