Recent Content by webicknell

  1. What was your investment/trading gains in 2017?

    Primarily an income account with some options... Average over 2 accounts - up 47.5% My IRA was only up 20%
    Post by: webicknell, Jan 22, 2018 in forum: Professional Trading

  2. Nice Vertical Spread Explanation

    My two sense.... I do trade credit spreads... I personally see more risk in a Put spread then a Call spread. I do far OTM (Delta of 5 or...
    Post by: webicknell, Feb 8, 2013 in forum: Options

  3. Options cost basis tax reporting in 2013

    Very similar to my approach... Monthly's and Weekly's Credit Spreads on SPX, RUT and NDX Also was very happy with 2012...... Exceeded target of...
    Post by: webicknell, Jan 16, 2013 in forum: Taxes and Accounting

  4. Options cost basis tax reporting in 2013

    You are not wrong..... All of my Spreads are in either RUT. NDX or SPX... all broadly based indexes which do qualify for favorable tax...
    Post by: webicknell, Jan 16, 2013 in forum: Taxes and Accounting

  5. Options cost basis tax reporting in 2013

    Thanks for this .... I do use Turbo Tax and if it can be imported into Quicken, I see no reason Turbo Tax cannot handle the import directly. Thanks
    Post by: webicknell, Jan 15, 2013 in forum: Taxes and Accounting

  6. Options cost basis tax reporting in 2013

    In my early trading days.... back in March, 2012 (hehe).... I played with some Naked Puts, some of which were assigned, and associated Covered...
    Post by: webicknell, Jan 15, 2013 in forum: Taxes and Accounting

  7. Options cost basis tax reporting in 2013

    This is my first year with option transactions to report... Have completed many Sch D's, but never with option transactions... About 200-250...
    Post by: webicknell, Jan 15, 2013 in forum: Taxes and Accounting

  8. From rags to riches, 700$ to 100k in 2013

    As anyone here looked at nadex.com? They have Binaries and also what they call box spreads... Only $100 to open.... Been playing with a...
    Post by: webicknell, Jan 10, 2013 in forum: Options

  9. STX releases early earnings snippet

    It does suck, but legal...... This is why I only do spreads on indexes.... SPX, RUT and NDX .... no one earnings or news release like this will...
    Post by: webicknell, Jan 9, 2013 in forum: Options

  10. Learning Verticals

    Absolutely agree..... "repair" in my mine is: Closing the trade Moving forther OTM if the market is moving against me Have not practiced...
    Post by: webicknell, Dec 13, 2012 in forum: Options

  11. Learning Verticals

    This is similar to what I do with my credit spreads... Far OTM (Delta of 5 or less on the short side..... I do not use stocks at all... just a...
    Post by: webicknell, Dec 13, 2012 in forum: Options

  12. Alternative strategy to selling naked?

    I will look for Put M. response.... For me, I wait for the trades to come to me.... If I don't see one that meets my criteria, I do not trade....
    Post by: webicknell, Dec 4, 2012 in forum: Options

  13. Alternative strategy to selling naked?

    I have started trading Spreads on the Weeklies... Executing 4-5 days before expiration. Been very successful.... Use the same criteria as on the...
    Post by: webicknell, Dec 4, 2012 in forum: Options

  14. Alternative strategy to selling naked?

    Put M, thinks Spread Traders do not understand their risk. He is correct on the amount of leverage, but the second leg of the Spread limits your...
    Post by: webicknell, Dec 4, 2012 in forum: Options

  15. Anyone else getting bad fills with OptionsHouse ?

    I do use OH.... with Limit orders, I get what I request, or it is not filled. I cannot comment on Stops.... On the OH site... "A sell stop...
    Post by: webicknell, Nov 26, 2012 in forum: Options