You wrote, "Out of the balance of my Mar31Calls on the Open. Great run. The historicals once again rang true in that (X-1) + (X-2) Opens were the highest combination this quarter, It is not rocket science."
I'm curious. Are you using market orders at opening or limited orders for that close? If limit orders, then how do you set the limit since there is a delay between the stock price on opening and the option values?
I chase with limits. It is not pretty at times. So at 6:30 AM (PDT), my screen said 33.18(I believe). I placed a limit for a little above that as I saw the Open as green and moving up...so I placed @ 33.20 and got immediately hit as the Open bounced to 33.25, so I missed a few cents.
At other times I have placed my limit too high like 33.28 in the above example, just to have to chase the PPS down as it retreated from the Open. Like I say, it is not pretty. I was happy with 33.20 though and am once again always amazed at how predictable long term historical cyclic probability turns out. Might not turn out next time, but as you know very well, it sure has made us traders happy campers...;-)