Either I'm retarded or this is a pretty solid strategy

Discussion in 'Options' started by badlucktrades, Aug 31, 2015.

  1. haha yeah, well i havent blown up my account yet. been playing with the same money for 8 years. just started options about 1.5 years ago.
     
    #21     Sep 2, 2015
  2. closed the sept 4 call, total loss for all three about $300
    bought sept 11, 198 call for 1.30.
    short put - same
    short stock - same
     
    #22     Sep 2, 2015
  3. Wisard

    Wisard

    hi, badlucktrades) next time just use any kind of pnl charting software to avoid manual calculations and to know where your risks are.
     
    #23     Sep 5, 2015
  4. i dont have access to those.
     
    #24     Sep 5, 2015
  5. Wisard

    Wisard

    #25     Sep 5, 2015
  6. #26     Sep 19, 2015
  7. Wisard

    Wisard

    sure there is) may be some day i'll create a detailed manual..
     
    #27     Sep 22, 2015
  8. can you show me?
     
    #28     Sep 23, 2015
  9. Wisard

    Wisard

    to start from something, please have a closer look at my last post on the mentioned thread. especially notice the second pic, it shows some strategy which consists from: long 1 put (115 strike, Sep 18 expiration), short 1 put (116 strike, Sep 25 expiration) and long 5 stock (yes, that's odd lot). may be you didn't notice the "plus" button to add a leg?
     
    #29     Sep 26, 2015

  10. Yes I've used it. I found problems with the following. Don't take this offensively, just giving you some insight into what I found not user friendly.

    1) I think you should rename "volume" to position size or something that signifies contract/shares. volume means something else to most people.


    2 )I think you should restrict the zooming in or out of the graph.

    3) I think you should make the profit/loss side numbers bigger

    4) maybe colour code the profit areas?
     
    #30     Sep 28, 2015