There will be none this week as the ones I've looked at have issues:
1) For WMT, the >.90 premium I saw us getting based on last week's prices is now down
to just .84 - .86 at best. That's too low for my taste. It might be due to the fact that all
premiums for WMT have contracted, with the $118 straddle price = $2.20 (1.8%), not
enough volatility to execute the kind of ER play we've been doing.
2) PXD could possibly deliver a .90 premium, but the problem here is lack of volume in
the pit and my unfamiliarity with how its MMs work.
So this week -- so far -- no ER plays.