Recent Content by Strangler

  1. 17 Reasons to trade options

    No no....options are easy. He gave you 17 reasons why. With stocks you lose 66% of the time but with options: - stock goes up you win - stock...
    Post by: Strangler, Jul 10, 2020 in forum: Options

  2. Option writers: do you have a stop loss?

    I chose 15 and 30 deltas out of thin air just for an example. There's no right or wrong delta levels. Whatever works in your comfort zone. I...
    Post by: Strangler, Jun 29, 2015 in forum: Options

  3. Option writers: do you have a stop loss?

    Using P/L or things like "double the credit received" seems like an arbitrary and silly way to close or adjust. I sell a lot of different spreads...
    Post by: Strangler, Jun 26, 2015 in forum: Options

  4. Credit Spread expiration

    The problem is you are only looking at the "Bid" price. You should be looking at the midpoint for a more realistic view. If you use midpoints then...
    Post by: Strangler, Oct 17, 2014 in forum: Options

  5. How many options ?

    The only limit is the cash in your account... - You can buy as many options as your cash balance will allow. - You can sell as many options as...
    Post by: Strangler, Aug 19, 2014 in forum: Options

  6. Valuable IV Rank thinkscript for TOS

    Name me one indicator that isn't garbage. Personally I like this indicator, wish IB would add it. Doesn't mean I will blindly sell vol at 51%...
    Post by: Strangler, Dec 19, 2013 in forum: Options

  7. How to benefit from an expected rise in IV's

    I've been trying the same thing. Basically you want to be long vega (IV), and theta/gamma neutral. You can accomplish this with a "half...
    Post by: Strangler, Oct 24, 2013 in forum: Options

  8. SPY put option idea

    Your original post is all over the place. First off are you buying a put or selling a put? You seem to indicate both. To clarify... if you...
    Post by: Strangler, Oct 17, 2013 in forum: Options

  9. IB's Option Trader

    Thanks but that's not what I'm looking for. I don't care about HV. I just want to see IV compared to previous IV (ie IV rank or percentile)....
    Post by: Strangler, Oct 8, 2013 in forum: Options

  10. IB's Option Trader

    Is there anywhere in IB to see IV percentile? Not looking for IV over historical, looking for IV compared to previous IV (i.e. percentile)....
    Post by: Strangler, Sep 25, 2013 in forum: Options

  11. Questions about credit spreads!!! Help me!

    You are contradicting yourself. In your AAPL hedge example you ARE an option loser. Who cares if you're hedged with the underlying? If you're...
    Post by: Strangler, Jul 23, 2013 in forum: Options

  12. Naked calls expiring in the money

    Yes. You will be short 100 shares at the strike price for every short call. The proceeds from the short sale will show up in your account.
    Post by: Strangler, Jul 22, 2013 in forum: Options

  13. No volatility crunch?

    I've played with this strategy a few times as well, and the problem is clearly stated in the bolded part above. Even with a ramp up in IV, the...
    Post by: Strangler, Jul 18, 2013 in forum: Options

  14. How to simulate selling straddles?

    I sell straddles every month and as Kenny Rogers said: "Every straddle's a winner, and every straddle's a loser." So much is dependent on...
    Post by: Strangler, Jul 12, 2013 in forum: Options

  15. any option sellers

    Lol I like your adjustment techniques!! :)
    Post by: Strangler, Jun 18, 2013 in forum: Options