What is the average holding period?
In general, Chris and Jeff look out to the upcoming season, so these are relatively short-term positions with expiration dates three to six months later, on average. And so far our average trade has lasted about two months. That said, Jeff also expects some options he recommends to move quickly, maybe because of a certain earnings report that has a history of moving shares. In those situations, youll book profits fast, sometimes within weeks or even days.