Let me give a summary of what the heck I am talking about on this thread: 1. My trading plan uses calendars for income trading. I normally go...
If my comments are not useful to you, may I suggest that you put me on the ignore list, as I have done this with you.
Oops. It was late at night.
I know this sounds arrogant, but I think this will have at least a small influence on option trading in the future. I have never seen nor heard...
There seems to be alot of people following this thread, so let's talk some more. 1. Hedging theta risk. For those who don't know what this...
FWIW, the IBM calendar and vertical shows this morning about a one cent profit, or breakeven. The RUT is approaching $3. I have three other...
"self-taught" May I suggest that you check out CBOE.com, and optionplanet. Free and low cost training.
I am talking about two *******DIFFERENT****** positions. The RUT and the IBM. I really am trying to be polite, but I am not your mother, and...
Buy a call in Goog. 1. If it goes up, sell. 2. If it goes down, don't buy it in the first place. (credit to Will Rogers for a guaranteed...
As I said, I had taken off the vertical from the RUT, and a day or so later it moved sharply down. But, because of the positioning of the...
This thread is for those traders who use the Iron Condor, and Calendars, Fly, etc. This is a means to adjust the calendar without adding a...
Who are you talking to? Why don't you open a thread on directional trading. My trading is based on theta, and market movement is my enemy....
1. I said this was a test position. 2. Today it is around break-even, the same as when I placed the trade. So, the market has made a major...
Sometimes the market is "irrational" and we get killed. I look very closely to risk reward when I place the trade. But that depends on your...
Option prices are affected by price movement AND implied volatility. So, if the market moved and no change in price.... volty. Also the...
You might also look at sierra chart. http://www.sierrachart.com/index.php?file=data.php
Go to cboe.com and look at the free webinars and training materials. Don't waste your money. Also, start small, just one or two contracts...
You cannot trade futures in an IRA at TOS, but they are working on getting rid of that restriction.
I would spend time looking at cboe.com, dan sheridan's webinars. He goes into great detail. Basically you get out at certain yield or loss...
An update on the IBM position after the big bear move. It is doing well. The loss curve at this point is very flat for a continued down move,...
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