The basic position is the calendar which itself has its own edge in the proper markets -- markets which trade in a range, and on the low end of...
Normally I would not put a put vertical, but if the position continues to move up, I may do this to hedge my call vertical. I would still give...
Liquidated the RIG calendar at 320. I still have a BIDU vertical, but the rest of the positions are liquidated for Jul. I am pretty much at...
As I read it, you are comparing the double diag with a single calendar. Interesting, but we are talking about a monkey calendar. That...
jul/aug 700 put. I think I got in around 1000. Bailed out when the market was making a major move down so quickly. "Stepping in front of a...
The aug OIH does not have a strike price above 250, so I cannot place a vertical where I normally would place it. I contacted the broker...
Redeye, Dan Sheridan recommends taking off 50% from the original position and placing that on the second calendar. Thus, in a 10 calendar...
I try to avoid a skew (large iv differences between front and back months). Usually means earnings or some other potentially major event coming...
I have been giving a running commentary on my Jul positions. I am starting my August stuff -- I go 6 to 8 weeks out on my positions. If anyone...
I closed the vertical because it had run out of premium. Rather than selling a lower vertical, I chose to close the entire position because it...
I have been using the calendar as an adjustment (creating the double calendar) for over a year, and designed the monkey calendar to overcome some...
There are several websites which specialize in binary options, giving the trader specialized tools to trade them. I would suggest looking at...
You should show the last person to post in a thread. Makes it easier to see if you need to look at a thread.
MONEY MANAGEMENT All right, here we go. Lots of fancy ideas on fixed ratio, etc etc, but one important thing is often overlooked ==>> the...
Some observations over the weekend: 1. Considering the major move in the market, the system seems to have held up. Considering both booked...
Closed Bidu vertical @ 30, and the two RUT calendars @ 645 (ouch). I have the updated spreadsheet attached.
RUT lost money on the strong down market but the other positions actually made money, especially the BIDU, Liquidated the RUT vertical for 32...
With the market bouncing up and down, I am looking at "gamma scalping". When the market goes down, liquidate the short call vertical, when it...
You might want to look at cboe.com, and their training. Lots of webinars on the IC. Some basics: 1. There are two types of IC, low...
"negative theta" Let's take an example. The market has made a major move and the short near month option is priced at 10 cents, and the long...
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