Here is your *real* question: "I am trying something, and don't know what I am doing. What should I do?" You should not put on a position...
I do calendar spreads -- selling the front month and hedging the same strike price with a backmonth option. Limited risk. You are still...
Unexperienced in these long term options, it is fascinating to see how the prices gap around during the day.
Did a Dec/Jan 380 call calendar yesterday. Long term trade to follow the up trend in my IRA account. Got in at 385, closed at 415 after a one...
Closed the vertical on the RUT trade. It was bleeding pretty badly. I need to look closer at that trade. The calendar is doing fine. The IBM...
If I remember, it is per leg, so trading spreads is a very different story. IB is the way to go for commission pricing.
A few ideas. 1. Create shares. One share for every $10k invested. Profits are distributed according to the number of shares. 2. At the...
Quote from mysticman: >If he had simply left his short vertical alone and had faith in his analysis, he would be making lots of money after...
Quote from ajna: >If I understand your plan for SPY correctly, IBM > it was to be short the call spread, and the calendar was placed...
It is not a monkey calendar, but, as I said, I just threw it into this thread. Basically I saw an opportunity to leg into an IC, and the...
1. I will place an IC only if it is legged in. The calendar can serve as a hedge against the naked leg. Eventually I have a combo of IC and...
Sounds to me that you are successful in what you do, and you're bored. Don't blow up your account trying to find action. Find an exciting...
I may be wrong, but here is the basic concept as I see it. The "there is no free lunch" view of the market. The high volty itself is not...
I was not trying to be flippant, just that this is a test trade. My expectation is that it will be profitable, but we shall see. If you see a...
I use woodie's cci, as well as the basic support and resistence -- nothing fancy. IBM is really struggling, so it is only a matter of time....
1. My basic trading style is the calendar. I am now trying to add verticals to diversify the position. So, in this case I started with a...
OK, I guess we shall see. As I said, I normally do not do such a wide month calendar. If I only make 10% on this one, I will be happy. Normally...
Good point. I will be out of the position before earnings -- probably by the end of June, but I will watch it closely. I do watch for earning...
I personally find him rather difficult for the novice trader. Anything by Dan Sheridan is very worthwhile. He has several webinars at...
OK, I'm back. IBM is in a topping pattern, so Fri I shorted the Jul 135/140 call in the am. The market sat around and did not go down very...
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