I'm trying to follow you here too but not quite sure....I've tested on "condors" I think that's what they are called with debit spreads on puts...
Sold to open AAPL mar 580 put at 12.60, setting up that spread of 585/580 put to $1.40. $140 risk for $500 gross return. I think that should work...
Hey Jeff, Optionsxpress allows a strangle to be played with 1 commission cost only.....saves half the commission cost right there. But, you're...
Yeah, I'm testing AAPL puts again.....I'm making it up too....but just bought 1 AAPL March 23 2012 $585 puts at $14.00. I just feel like the...
I noticed PCLN making big swings too lately, but that just maybe due to the market.
There are a lot of losses along the way too....It's not as pretty as it looks lol. There's been some stressed out days. Like me trying to fight...
Alright, can't stay 100% cash for long, added 2 CREE Apr 30 call at 2.34. Small risk here, earnings are in April and I hope it occurs before...
It sure smells like the start of a correction here, even if its 1-3% correction instead of 5-8%.
Yea, made it there on the two GOOG put spread I had. I was actually back to $8300 yesterday on AAPL and possible GES loss, actually lost -625.9 on...
THERE IT IS ..... AAPL HITS $600 AT THE OPEN LOL. I was set up to close out those 590 calls, and I'm out....13.40. Freaking made my money...
Oh just read this sorry, too many posts pushing the pages on this thread, just noticed this post. But I did answer it.
Oh yeah, I watched minute by minute yesterday....lol, I clearly sold on that last leg back to 590 or so....I had hard stop loss at 5.50, but I...
From experience, most earning trades move by 10%, with exception of the few large slow growth caps like MSFT and INTC. After so many trades this...
I knew those traders were going to push AAPL to $600. AAPL was about to get crush yesterday going from 595 to 575 in 20 minutes, then gets push...
Just realized how tuned in I've been to this AAPL trade.....I figure, if it traded above 590 again yesterday, then I'll grab them calls because...
LoL, I joined the crowd at the close yesterday.....closed out the 585 puts 6.00, and bought 3 march 590 calls at 7.75. Took a loss on those puts...
CREE should work for you....I'm giving that AAPL put another try, made a small profit the first time around, but loss big on the second one, so...
On that note, I did buy 3 ges mar 36 call at 1.50 yesterday afternoon. $462.95 risk on a $9469 account, about 5% only.
That's true traderlux, but this market puts everything in an odd situation.....all those you mentioned are either in a weak trend or all...
The results from this put spread strategy over the past week and a half came to GOOG 615/605 spread +1105, GOOG 610/600 spread +522, AAPL spread...
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