I wouldn't leg in; too risky
If you trade CTM on OB/OS only, The risk of losing money dimunishes substantially. that's my experience with RUT.
Yes but if I am 22-26 days away and I know a possible resistance failure point, I can adventure 10 points below it. Once I put the trade, I am...
You always need to have a breakout point. If I am @790/800; My bet is that RUT won't break 801. If it does I lose so I have to take action. maybe...
You can't be SIRIUS. What if I don't have a house? You want me to mortgage my son?
I open 3 RUT FEB PUT 770/760@2.80 So now the condor is : 3RUT FEB 790/800/770/760@8.60 credit I don't see anything wrong in risking 1.40 for...
I am waiting for a bounce to do more Bear call; maybe 800/810 or 790/800 again. I know for sure the market will go down in the next 2 months but I...
I don't see the risk compare to FOTM. If I take 5$ credit for a ITM or CTM and then you take 0.70c for an FOTM; I believe you take more risk than...
Hey Yipp I decided to close my CTM/ITM call for a profit. RUT is showing some strength going to the close. I like when RUT is weaker than SPX...
Thanks Cache, Yip, and Jeff. I tend to let time do it's things and most of the time I lose some of the profit becvause RUT is so volatile. You...
Yip, Ineed some exit strategy. I know when to get in but not how to get out (too greedy). So this is my new rules: On CTM, ITM I will exit...
My portfolio has improved by 12% this month but I can get higher return.
I may open PUT too some if big drop
Tomorrow there might be a continuation of the tech fallout. So I got: 2.05 for 31 FEB 820/830 Call. Now it's worth 0.80. tomorrow could come...
What does it represent in term of profit/loss
It's risky right now to enter PUT credit spreads. For the next 3 months I will make sure I enter PUT spreads only when everybody is looking for...
That what I used to do but this time I go only call. When timing is right I will enter PUT or I will close Call and enter PUT if the BUY signal is...
The last three months have been pretty good for me and I am not looking forward to giving it back again. That's why I enter only PUT or only call...
If I didn't close my 790/800 calls, I would have been safe and I would have made a lot of money today as RUT is going back down. But Woulda,...
Did close the 790/800 last Friday for break even and still have the PUT which is worth 0.20 now. So for the trade I will make money in the...
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