A lot of traders won't trade options near expiration, but Michael Thomsett of ThomsetOptions.com say...
Thomsett Publishing Website
Michael Thomsett recently completed a new book, Making Money with Option Strategies, published by Career Press, which is his 12th book about options. He also wrote Profiting from Candlestick Indicators and Technical Analysis, published by FT Press, which is his third book about candlestick charting He has also submitted a paper on the topic of serial correlation in technical analysis, which is published in the Journal of Technical Analysis (JOTA). He is the best-selling options author in the US. Mr. Thomsett's eight best-sellers have sold over one million copies in total, and includes Getting Started in Options; Winning with Options; The LEAPS Strategist; Put Option Strategies; Options Trading for the Conservative Investor; The Options Trading Body of Knowledge; Options for Risk-Free Portfolios; and Options for Swing Trading. He also writes extensively on technical analysis, candlestick charting, and a wide range of other investment topics. Mr. Thomsett also contributes articles to many Web sites, including TheStreet.com, Seeking Alpha, and Global Risk Community; and to many investor-oriented magazines, including Better Investing and the AAII Journal.