Pondering a new set-up Have spent the last couple of weeks reading some option books by Sinclair, Saliba, and Augen. Have been thinking about...
Week 6 Update Final Tally Entered following butterflies today still open BLNK 1:3:2 call 45-50-52.5 @ 1.54 exit @ 2.05 = +0.51 XPEV 1:3:2 call...
Week 6 Update Entered following butterflies today still open BLNK 1:3:2 call 45-50-52.5 @ 1.54 XPEV 1:3:2 call 40-45-47.5 @ 1.20 SPWR 1:2:1...
Best fool proof way to sell options is to really leverage up with commodity options. Sell ATM calls on natty gas on January 1st and ATM FCOJ...
Example today in /ES playing the straddle in the options that are expiring I had two nice swings and picked up a couple hundred bucks. When it...
well said.
When I was 28 I had been trading on the side having spent my youth around the market. My father made his living trading grain futures off the...
Curious as to fly set ups in terms of R/R profit tent. I've been gravitating towards ones that have above a 3:1 pay out. Usually these have to...
Agreed if it doesn't move you lose. I've been trading a strategy on expiration day only of going long the straddle after the opening volatility...
Week 6 Update Sold Iron Fly RIOT 55-60-65 @ $4.23
If you plan to roll i like the diagonal set up better. Will usually cost more in buying power to set up.
arigato mr. roboto
presuming it would have been a diagonal set up with the shorter dated strike higher than the longer dated one.
Theoretically if it hits 405 your overall trade should be profitable anyway as you'd be making more on the long option at the 400 strike so you...
If it goes up but doesn't reach your strike just let it expire or buy it in cheap under $0.05 and sell another one further out. Say your initial...
What you're describing is known as a calendar spread if they are the same strike and different months if the strikes are different it is a...
Interesting post and style. I think what you'll find is experienced option traders trade a wide array of styles. Some specialize in income...
You're doing it wrong. Off the small of the back or breasts.
Take out the space between worth and less and you'll have the value of a deep OTM option expiring ATM. = worthless
But when you nail one it's pretty good payout. Played the GME 55-50-45 put fly this week in at $1.50 and out at $3.50. Saved my week for the...
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