Because of negatve gamma, when you sold your futures, you were already short deltas. Selling just made you shorter. That's doubling the risk....
When you have positive gamma and the underlying moves, your position accumulates LONG deltas (higher move) or short deltas (lower move). When you...
For the risk you are taking by owning a position with negative gamma. Theta is your profit when the gamma doest hurt. But that has absolutely...
OK. But you are NOT scalping your position. You are opening new positions, in addition to your current position. Then you are taking a profit...
I don't believe you can earn a profit by gamma scalping with negative gamma. With neg gamma, you buy rallies and sell dips to neutralize delta...
Obviously, each trader/investor must trade according to principles that fit his comfort level. But, how does taking a leg reduce risk? Sure,...
1) Luckily for me, I'm essentially 'all in' so have added just a couple of tiny call spreads over the past few days. 2) So far, I have been ok...
Hi Phil, Didn't take it personally. Just mentioning that not everyone here is a trader. And for anyone attempting to time entries and exits...
Interesting point of view. A trader's point of view - and a very good diea for anyone who considers himself to be a trader. I am not a trader....
Thank you
OK. I give up. How do I change these settings? Mark
Yes. But a well-reasoned and intelligent opinion. Mark
Once you have held the positon for the 2 weeks you mentioned - and once your position has re-evaluated and you have earned the profit that...
I don't keep records of which spreads were put on on which day, but today, I had just a tiny bit of free margin so I opened a one lot spread on...
That's the point. I am NOT interested in playing deltas. But sometimes, these diagonals turn into short-term delta plays, even though that was...
I'm virtually 100% invested. About half in Nov/Oct and the remaidner in Dec/Nov. To me, avoiding paying a debit for my positions is an...
Your position is a typical calendar butterfly. The objective is for the near term short to expire worthless, leaving you with a 2:1 backspread...
Does cheering realy help? If so, please tell us the words. Mark
I very seldom post there. It's too confusing and I cannot find my way around. Mark
Separate names with a comma.