Hello Tal, For a good estimate, look at the probability of the option being in the money on the options chain for the strike you are selling. I...
Whoa! Where did this come from? I've shared everything that I can think of. Better to ask me a question about something you are not clear on...
It would appear that every man and his dog is doing just a bit more than holding their breath. What do you see below? All I do is place the...
/ES is mainly what I trade in the hedged account. I have no idea what direction ES will go, but I try to look at a few things to help me in the...
I always have an answer, but sometimes it’s not the correct answer. At the end of the day, I trade the market as I see it. I use probabilities...
Correct! I have three other brokerage accounts and one 401(k). The portfolio that we talk about in this thread is a standalone strategy, but it...
See below.
The portfolio was relatively flat, but I cashed in a condor for a small $300 realized profit. I did better today on my NQ scalps.
You nailed it. I would rather my short puts be farther out of the money. I always target the $3 option.
Why would I do that for you? Just to be ridiculed by my haters?
I tried to trade against Poopy Dest but he’s a pussy and backed out!
The option seller is the casino! That’s where the big bucks are. The secret is in how to manage those trades.
Let's play a game. This particular portfolio was opened on April 8, 2020. So, we've been operating for 94 days. The average daily theta is...
I do not subscribe to anything from Ron. And commissions are a non-factor. And, I trade for a living. What the hell are you even spouting about...
A rookie looks at a single trade in isolation. A master, such as myself, considers the whole portfolio. Poopy Shit looks at an apple and guards...
Picked up another 18 handles in globex. Not really my thing, but you have to pick the low lying fruit.
It is awesome to see that Poopy Dest has posted on my thread, but not be able to see what he said. Makes my day so much better!!!!
Another great day in the markets. Scalped a few in the main account. Then I traded some NQ futures in the tradovate account for +47 handles in...
"Special" has a number of different meanings.
Absolutely correct, Guru. I create these to give me profits if the market moves up. They show significant (though defined) downside risk, but...
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