Donna, good question and I would like the details also, espescially since Andy indicated he puts it on at the inception of the trade. Hope its not...
I do the front month to hedge my other trades if they were to cause any losses. Gold has bounced up now after being at all time lows since the...
Donna , just a follow up to that hedge discussion, my OTM bull put spread on XAU lost half its value today alone on the continuation of the trend...
Just wanted to add one more thing, since Donna got me thinking. In a steep trend like we see in XAU, you could certainly be alot more aggressive....
Donna, I do it alot like SPY and SPX, OTM and hiding behind support, and low prob of expiring in the money. You can usually get .50 way out...
One of the thing I do every single month as a hedge against a catastrophic event, is to sell a good number of bull put spreads on the XAU. Yes, I...
I dont think the people that are not going to be able to handle 2% on their credit cards minimum payment, play any role that affects the markets....
Pic, I'm sorry, I didnt realize you have on a 5 pointer and not a 10 or 15 pt spread. Still makes my heart flutter with the short 1280
Pic, I am a credit spreader, but this month, I went with slightly bullish flies on SPY. Did them cheap, and if I have to adjust they become...
In my trades for this month , I am slightly skewed to the bullish side, and I have no hedges in place except for my ability to properly adjust to...
My 2 cents, and worth exactly that, is that there are many powers that be, from fund managers, corporate insiders, and even big gov. that wants to...
Spoke to my guy at TOS who handles Dr. Epps autotrade accounts for them, and he said that in Nov. Epps rolled and then cut his losses by closing...
Andy, I know several traders that use the VIX and the VXO simply as contrarian sentiment indicators. Put some Bollenger bands on the vxo for...
IV, Not being critical, but why do you think you have to be a very good directional trader to be following a rising trend with a bull put credit...
Doc, I have to agree, that when the market is docile , these neg Gamma strategies can lull you into a false sense of security, and your caution is...
Separate names with a comma.