Recent Content by theta636

  1. Short Straddle Update

    Wow - author of website spent an amazing 100,000 hours of research and historical testing to discover......(drumroll)....selling theta!:eek:
    Post by: theta636, May 8, 2008 in forum: Options

  2. Purely Mechanical Option Trading

    -------------------- Here's some (mostly negative) reviews: http://www.elitetrader.com/bo/index.cfm?action=view&B_ID=25&CatID=4
    Post by: theta636, Apr 23, 2008 in forum: Options

  3. Short Straddle Update

    ==== JW - what do you consider to be the advantages and disadvantages of selling a straddle on ES rather than SPY? Another thread mentioned that...
    Post by: theta636, Mar 30, 2008 in forum: Options

  4. Credit Spreads - Reasonable Returns?

    ==================== your max return going into the trade was 179/max loss = 179 / (400-179) = 179/221 = 81% your actual return = final net /...
    Post by: theta636, Mar 27, 2008 in forum: Options

  5. Credit Spreads - Reasonable Returns?

    Fakie Phil has a very lengthy journal on option spreads...2302 pages You can see what a very experienced trader earned month by month, and...
    Post by: theta636, Mar 24, 2008 in forum: Options

  6. Credit Spreads - Reasonable Returns?

    http://www.poweropt.com/bpspreadhelp.asp net credit / (margin required - net credit) another way of saying max profit / max loss
    Post by: theta636, Mar 24, 2008 in forum: Options

  7. buy or sell question - 28 months analysis

    JW - I was backtesting on thinkorswim last night and selling straddles has been a profitable strategy recently, especially with the increased IV....
    Post by: theta636, Mar 21, 2008 in forum: Options

  8. buy or sell question - 28 months analysis

    Mark - do you have the data to determine how often you would have touched your stop-loss rather than whether the expiration date price would...
    Post by: theta636, Mar 17, 2008 in forum: Options

  9. buy or sell question - 28 months analysis

    I should have said DOTM puts rather than DITM puts in previous posting. Something else to do in addition to looking at the historical price...
    Post by: theta636, Mar 14, 2008 in forum: Options

  10. buy or sell question - 28 months analysis

    If you use the thinkorswim "thinkback" function you can backtest to see how buying a DITM put as insurance works in various scenarios. For...
    Post by: theta636, Mar 13, 2008 in forum: Options

  11. what strategy is this?

    Helpful hint -- Look at option quotes in a newspaper, rather than online, and it will be very clear why some trades are called diagonals and...
    Post by: theta636, Jan 15, 2008 in forum: Options

  12. Tax question on a covered Leap

    This link has some basic tax info http://www.armencomp.com/options-capital-gains.html Make sure you read the section on broad based index...
    Post by: theta636, Dec 14, 2007 in forum: Options

  13. Terry's Tips - A Cautionary Tale

    BR - I didn't see any listed under Options but found this one under Hot Hands ......
    Post by: theta636, Nov 19, 2007 in forum: Options

  14. Software for standard Deviation

    After reading about fat tails yesterday in McMillan's book, I'm certainly leaning towards buying rather than selling. It's like a roulette table...
    Post by: theta636, Oct 16, 2007 in forum: Options

  15. Software for standard Deviation

    Not to worry, I'm well aware of the lack of black boxes, secret option formulas, and crystal balls. Must admit that I was most bummed out about...
    Post by: theta636, Oct 15, 2007 in forum: Options