Not really. Tastytrade normally sells 1 standard deviation strangles one to one ratio of puts to calls. I am selling deltas similar to Karen's....
Why would he shut this down? This is just an experiment. Other than selling mostly 5 delta puts and 10 delta calls, there really isn't too much...
Welcome to the thread! Exactly. The Greeks are important to some of us.
I would classify this as managed risk. If you take risk off the table there is no reward.
Just because I look at the Greeks doesn't mean that I'm encouraging anyone else to look at them. It helps me. If someone looks at MACD or head...
Clearly you have no depth of knowledge with options trading. You clearly don't understand the Greeks.
I will post whatever I please. This is my journal. Move along you idiot and condemn somebody else. This is my strategy you fool.
One trade Friday. I sold the SPY 22 JUL 16 222C(1)/191P(2). The account was down $600 for the day. Theta is 187, delta is 116, vega is -771,...
Two trades today. I closed my 30 JUN 16 216C(3)/177P(1) for a $53 loss. This is my first official losing trade since I started the experiment on...
Yes it certainly does. Some people prefer to piss in the toilet, others prefer to piss off the back porch. I prefer the latter.
Thanks for the suggestion. The trivial reporting of the trade is for my benefit only. I will certainly take your suggestion for the end of the...
Good to be back! Being here is just like going to my wife's family reunion. You don't want to talk to Uncle Ted, but the potato salad is still...
Three trades today. I sold the 22 JUL 16 224C(1)/196.5P(2) ratio strangle. As I was putting in my GTC orders, I entered 81.00 instead of 0.81...
So I was in the garage yesterday, drinking a bottle of Mad Dog 20/20 and shooting roaches with a pellet gun, when all of the sudden some GTC...
I've enjoyed my short time with this thread but I'm taking it to the garage. To those who have contributed - thank you! This thread is just too...
I like straddles as well and I have one on in this experimental portfolio.
Point well taken, Maverick. Thanks for your comments. I actually do like maintaining a daily theta goal, but that's just me. Have a great...
Two trades today. I sold the SPY 15 JUL 16220C(3)/196P(2) with 42 DTE. Again, all this talk about Karen and her troubles has got me rethinking a...
You sir should change your screen name. You don't have the heart of a coach or a teacher. I pray no one is paying you to be an options coach....
Actually, this was the foolish comment. Ok. I'll bite. Please share with us a safer way of making $440 per week. I can't wait for your wisdom...
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