Many traders shy away from selling options that are many months away from expirationThey like quicker results and are impatient to know how they did with any given positionExperienced options sellers know, however, that six-, 12- and even 24-month initial expiration dates can often be closed out much earlier -- and very profitablyI did exactly tha...
Read the full story and get access to the Real Money Pro trading floor.
There's no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.