Recent Content by Theinkdon

  1. Synthetic leveraging using options

    Yes, that's a good point. But I don't average down. Either I was right on the direction or I wasn't, in which case I'll take the loss and move...
    Post by: Theinkdon, Jul 9, 2024 in forum: Options

  2. Synthetic leveraging using options

    Mindset. This is a stock-replacement strategy, that's all. That's why you'd only want to use it on stocks that are trending up. And if you've set...
    Post by: Theinkdon, Jul 8, 2024 in forum: Options

  3. Synthetic leveraging using options

    I guess the classic ZEBRA is to go long 2 Calls at 75 delta, and short the one ATM, ostensibly 50 delta. So 75 + 75 - 50 leaves 100 deltas....
    Post by: Theinkdon, Jul 7, 2024 in forum: Options

  4. Synthetic leveraging using options

    Hi, I'm trying to follow your numbers but having some difficulty. Were you talking about July 12th expiration? Because you said July 10th and...
    Post by: Theinkdon, Jul 7, 2024 in forum: Options

  5. Synthetic leveraging using options

    Hi, I know I'm posting to an old thread, but I recently discovered ZEBRAs and was looking for more info on them when I found your post. I'm all...
    Post by: Theinkdon, Jul 5, 2024 in forum: Options

  6. Weekly Pin Butterfly Strategy

    Got curious about the idea of a 50% stop-loss with a 25% take-profit, so I ran your smallest winner from LAST week, DASH, which you bought for...
    Post by: Theinkdon, Sep 10, 2021 in forum: Journals

  7. Weekly Pin Butterfly Strategy

    Good numbers this week! But before I ask you about some of those trades: I went back to LAST Friday and ran your only 2 losers through ToS's...
    Post by: Theinkdon, Sep 10, 2021 in forum: Journals

  8. Weekly Pin Butterfly Strategy

    Good luck on your picks this week. I read through your "Vs. Hold to Close" post last week and found it interesting. Did you just look at the...
    Post by: Theinkdon, Sep 9, 2021 in forum: Journals

  9. Weekly Pin Butterfly Strategy

    Today seemed like a bad day for butterflies for some reason. On 8 1-lots my PM account lost 94.50, not counting commissions. If I divide that...
    Post by: Theinkdon, Aug 27, 2021 in forum: Journals

  10. 20-Delta Short Strangles

    Forgot that piece. Waiting to hear also.
    Post by: Theinkdon, Aug 27, 2021 in forum: Journals

  11. 20-Delta Short Strangles

    5% of capital in short strangles is earning you 14%/yr on a portfolio level?? See, that's what I'm talkin' about: I see that and go, "Heck, if I...
    Post by: Theinkdon, Aug 27, 2021 in forum: Journals

  12. Weekly Pin Butterfly Strategy

    Last night I staged iron butterfly 1-lots to mimic yours (or in a few cases deviated a little, like on DASH). I already had an IB on UPST, and I...
    Post by: Theinkdon, Aug 27, 2021 in forum: Journals

  13. Weekly Pin Butterfly Strategy

    Okay, so you're managing these more than I had assumed. I pretty much just go with the probabilities: set up the trade based on the current...
    Post by: Theinkdon, Aug 27, 2021 in forum: Journals

  14. 20-Delta Short Strangles

    @Retief Thanks, that was an interesting read. My takeaway was that either short strangles OR ICs can blow you up if you don't risk-size your...
    Post by: Theinkdon, Aug 26, 2021 in forum: Journals

  15. Weekly Pin Butterfly Strategy

    @caroy Do you mind some questions/differing opinions on these plays? I'm playing along, staging these trades (or similar) in my PM Iron...
    Post by: Theinkdon, Aug 26, 2021 in forum: Journals