Piccon, thanks for sharing your strategy. 1) What indicator (combination of indicators) do you use to determine overbought/oversold? If...
Thanks Mo for your detailed reply. The last 2 months I have legged into narrow IC on XEO. Started at about .20 delta at support/resistence....
Mo, Thanks for the butterfly links. 1) What indexes do you trade butterflies on? XEO/MNX...? 2) When do you generally open a position (10...
Hi Donna, I was soooo busy at work. Back to the thread and pages to read. I know my 585/595 could be in trouble. I am experimenting selling...
One more. Just catching up with all of the posts..............................
Does anyone look at candlestick charts? Is the XEO showing a bearish engulfing pattern? Which means the start of a downtrend over the next...
and ME.... living dangerously right now. With the 585/595 Feb XEO bear call. I had bought calls end of Dec. expecting the market to go up....
Coach, I have oex 590 Feb calls. Was looking for an uptrend. But, now that the support is broken, do you think converting to a 580-590 bear...
The market is trading is such a narrow range. Does anyone know if any news is expected today or in the next few days which can cause the market...
12/12 bought oex calls in anticipation of today's meeting 12/13 sold those calls for 45% profit. Small profit though, as I traded very few...
Thanks Riskarb. So, to gain volatility edge in a expected move, the .30 delta options work best. ATM options work better if the move is...
Yes. I've noticed that for directional moves ATM or ITM works best. But, the calls are expensive. So, I was trying to buy OTM, but in the...
On the TOS platform if you look at the volatility graph, it shows When SPX moves up say from 1200 to 1320, volatility decreases...
Thanks MoMoney and Coach for your replies. If you expect an immediate directional move in an index, then if you select an option at the...
closed Jan spx 1290/1300 call profit: 2% This was put on as a directional trade. I was hoping to close with more of a profit if the index...
Thank you riskarb and (coach for explaining). I usually sell > 1 std. deviation away. The ATM straddle cost is a great way of looking at the...
Thinking about the SPX 1290/1300 or 1300/1310 Jan. bear call. Probably a downtrend in the next few days. Plan on closing this spread at 50%...
Thanks Coach for talking me out of the 570/575 XEO. Would have lost if I rolled 565/570 to 570/575. Closing 565/570 was the best choice....
I think it works better for swing trading. Also, instead of the 12/26/9 MACD, I have seen 8/17/9 or even shorter MACD used to catch the trend...
I do look at the MACD for trend and momentum analysis. For bullish signals: 1) Look for MACD line (difference between a 12 and 26...
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