options. When I do, I sell out of the money puts or calls when they are within a month of expiration and I use my Hog Pricing Model as a guide to project whether we are in an up-trend or a down trend. If a trend develops and the market moves against me, I stand ready to cover the short option with an off-setting future.

Several years ago S.A. Johnston wrote an excellent book called 'TRADING OPTIONS TO WIN".

https://www.amazon.com/Trading-Options-Win-Profitable-Strategies/dp/0471226858

I especially like the way he describes the rules for playing the options game on pages 1,2 and three of the book.

Best wishes,

dhm