The next step is trading stocks with real money and consistently showing profits. Most people never achieve that.
He has a couple of more blog posts that might interest you: Selling Naked Strangles: The Math; and Selling Short Strangles And Straddles - Does...
Here's an article that might jump-start your research into iron condors: Iron Condors or Short Strangles. On indices, the author initially thought...
Yes, you have a tinfoil hat on. Amazon is a trillion dollar company that functions as a quasi-state, complete with its own bureaucracy and court...
You're up $42K on the day?
You can buy puts, but you have to time it right so that they don't expire worthless.
That's a typical max profit to max loss ratio for vertical credit spreads.
I don't like the ratio of your max loss to your max gain. The max loss is about four times your max gain. If you took this trade consistently,...
Take a look at the performance of the major indices over the past week, and since you're a fan of Buffet, BRK-A (from Finviz): SPY: -0.57%...
Post your return YTD and Sharpe ratio and we'll see who knows more about trading and investing.
The account is way over 5K, and it's not a paper account. I had another good week. The year-to-date return is up another 2% to 54.5% and the...
You're practically a perma-bear.
Wrong.
Yeah, so what?
The biggest gains have come from holding stock while waiting for it to be called away. No, not leveraged. The gain from option sales is about...
Five billion up to around 50 billion. Smaller is better; more room for growth.
Are sure about that? What if my edge is in picking the right stocks and/or the right strikes? NET is up 60% YTD. AA is up 96%. MS is up 52%....
Why would I be screwed? The strategy is working and I plan to continue to do what is working until it stops working. What is your return YTD and...
This is a new strategy implemented this year. The puts are cash-secured. The worst that can happen is I get stuck with a stock, which is why the...
If I had 5K, it would be 7.5K and change now.
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