04-07-2013, 10:51 PM
For those doing short term calls the risk is well just higher. It buying a short call like a May option one could sell a higher strike call in June to help pay for the May call. Example sell a June $65 put, sell a June $90 call and buy a May $60 call. Or collect $14.40 in premium from from the sales and buy the call for $15. Timing is important to making money in options. Trade needs to be unwound at the right time. Just some thoughts.

