I think you may be misinterpretting or misunderstanding how I am trading and when I trade. Yes, the way I trade, is avoiding the front month,...
I would just try to put a similar trade on TOS or send me a PM with your email and I can send you an example of a trade with how I like to set up....
I'm adding additional longs after getting the easy fill. Otherwise, I would not get the risk profile I want, so to clarify, I put them on without...
You got it! Way toooo dangerous to trade within a month, for me anyways but some traders like that kind of excitement and thats why trading is...
I would not make a trade like this, very close to expiration and at/in the money, the spread is too wide. You could be assigned and you would...
I opened that trade on 08/01 but look at the market since. I still have call back ratios at 860/880 and looking to start chopping that side down...
Yes, there's more than one way to reduce risk. I have already closed out most of my puts, SEPT RUT 680/660 back ratios and we are 29 days...
Adjustments or additional trades is a topic in and of itself. I like to start with a 1/2 or 1/3 postion then just add to the trade so the...
Did you check the volatility skew curve before you put the trade on?
Try setting up and testing a time ratio spread, maybe.
I agree, when you stress test a similar trade by adding vol, even 10 points, you can see clearly that backratios are winners. So, if you wake up...
I use thinkorswim. Very good discussion, I enjoyed it.
Sure, its possible for a covered stock trade to have single digit returns. There are other trades that could enhance returns. The risk you...
Downside, well, you could hold onto short positions 'til the bitter end and risk a max loss, this would be very irresponsible right? After all,...
Yes, I would go along with selling an in the money call if assigned as you mention, or better, just sell the stock and move on. Its just when you...
The market can continue to rip higher, so you have protection on the upside as well.
Hi, on what I think about covered calls, its how I started, so I know this strategy will pull new traders in to buying stocks just to sell calls...
Yes, the goal is to maintain a positive vomma. I stress test the trade by adding/subtracting vol, price and add time. The trade will usually...
If you look on page 3 of this thread, there's an example there. I'm in this trade and looking to add to it soon.
Since shorts are obligations, I think its not a bad idea to close them out if you are either happy/successful with the results. Nothing to do...
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