See Merv's Trades
Once you log in to Portfolio Monitor, you would be able to watch Merv's portfolio and see his trades. Please check some of Merv's positions below:
WHEN ALL THE PREMIUM IS “SUCKED OUT” OF A SHORT POSITION, IT TURNS GREEN, WHICH ALERTS YOU TO THE FACT THAT YOU PROBABLY SHOULD BUY BACK THE SHORT POSITION AND SELL A NEW CALL. WHEN THE POSITION IS ABOUT TO EXPIRE IT TURNS RED. AND IF A POSITION GOES IN THE MONEY, IT TURNS ORANGE. This color coding makes option writing much easier to track.
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