So that you don't get confused by what others imply and what my experience has led me to conclude:There is inherant danger in any high probability...
No I am not!!! I was referring to paper trading in my post to make a point. I was trying to escape the constant hectoring from atticus to make a...
It is truly a shame that you stalk me from thread to thread and hijack the thread for you own purposes. However I calculate my return, the...
On an account devoted exclusively to trading credit spreads and 10%-20% in cash the month on month quote is on account balance. What else did you...
I don't trade your quantity, but my trading unit is a spread. I care less about the price of the legs than the net of the spread, so that is what...
Your statement (no ? mark) is rather inaccurate. In the quoted post, it was month on month returns as implied by my use of the word month in that...
I understand his dilemma. When I was paper trading the rudiments of my strategy I did not have a negative month. My best month was 22%. My worst...
My mentor insisted that "I can trade options naked, but not trade naked options."
If you read the contract specifications I referenced, you will see that your question has no answer as you stated it. First, settlement must be...
Since you are talking about LEAPS, I would think you have the time to break your order up into smaller bits. Mutual funds have the same problem...
My first stop in understanding the characteristics of an options contract is the product specifications. It is well organized and easy to...
You have articulated the situation well. When I was the manager of a technical team we used to use the STAR system. (SiTuation, Action, Result)....
I learned the eyes-out-the-window flying lesson the hard way. Let my medical lapse but want to get back into being PIC. Meanwhile, I muse about...
You are up 30% in 6 months. That is admirable. What is troubling is that you have not communicated your short strike selection criteria other...
I agree with you completely on the use of this tool or any tool for that matter. One must understand its limitations which are usually in the...
I use ToS's (ThinkOrSwim's) version. It was the closest to the estimate I developed using Monte Carlo methods. Which is the one I developed after...
I'm gratified that I still have some things to offer that were unexpected. :D
Expanding readers horizons on tools to estimate risk of touching is a good idea, whether or not you think it is an edge. How a tool is used is...
Are you talking about the JUN2 2011 series or the JUN 2011 series? If JUN2 2011 your short has a PoT (probability of being touched) of 88%. If...
Assigning motives to actions is always problematic. I've pretty much given up engaging in anything but civil discussions. I did not notice...
Separate names with a comma.