Last Updated：2026/01/01
Sentence
Writing
covered
options
is
a
technique
to
use
when
we're
not
in
a
bull
market
or
a
bear
market,
but
a
crab
market.
(I
call
any
market
that
moves
sideways
for
any
length
of
time
a
crab
market.
This
is
not
simply
because
crabs
move
sideways,
but
because
people,
deprived
of
their
daily
dose
of
market
action,
tend
to
get
pretty
crabby
during
these
periods.)
Quizzes for review
Writing covered options is a technique to use when we're not in a bull market or a bear market, but a crab market. (I call any market that moves sideways for any length of time a crab market. This is not simply because crabs move sideways, but because people, deprived of their daily dose of market action, tend to get pretty crabby during these periods.)
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