I place my breakeven date for one week prior to expiration. If the market goes far below the breakeven point, the future premium can go below the...
I have a BIDU Dec/Jan 380 call calendar. I sell a vertical against it each month, sorta a covered call. FWIW This is in my personal, retail...
Took profit on one RIG calendar at 340. Letting the other calendar and vertical run.
1. Closed the fxi calendar @ 140 because it had negative theta. Replaced it with jul/aug 135 put calendar at 280. The vertical is still in...
Looking at fxi this weekend -- at 133.40 My new position is $115 underwater, and if the market moves to 130 (where I think it will bottom...
I look at it in this way: You are choosing between gamma and theta to profit from the market. Higher volty means an increase in the...
FXI is now a problem. Liquidated the vertical for 32 cents and added Jul 145/150 call vertical for $1.
At this time the TOS backtester is not linked to the analysis page. You can backtest numbers -- profit and loss -- but cannot see the analysis as...
1. I thought about that, but I am more concerned about the down side than vega risk, so I decided to leave it a call vertical. The vega should be...
You can trade and still get unemployment, legally. UC looks at wages, not income and you only report **wages** earned each week. Other income...
Holy macaroons! The position has moved from 260 to 400 within a couple of hours. I placed an order at 340 today, got filled at 310, and now...
I can see someone using this in a highly volatile market -- protects against the rollercoaster moves. But I think there are better methods.
Very commission intensive. Hedging the upside?
For those who are interested, I have attached a spreadsheet of my trades and the running totals for this month.
Basically you are looking to create, over the immediate time period, a flat PL line, and your profit comes from time decay rather than market...
That seems to work here. You have to look at the P/L curve and see what gives you the most protection on the down move, without threatening you...
There is an old saying, "To have a million dollar account is easy. You start with two million." As mentioned in the above posts, you must...
Watch Dan Sheridan's webinar "Dan Sheridan's Bring in Monthly Income in a Volatile Market"...
One last thing. While others may have some good ideas, these ideas may not fit your trading style. The question on how far out to go with...
Start small, one or two contracts, until you get the feel of what you are doing. Trading too large is Number One mistake for newbies. Give...
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