Volatility is the only reason to trade straddles. You mentioned using LEAPS. Pull up a straddle with June expiration and then one with Jan13...
It is hard to make money with straddles, atm options are typically the most accurately priced in the series. Think of it like this, when you buy...
Since everyone seems to be a seller of premium on these down moves, why not buy an SPX straddle and finance the theta with otm VIX call credit...
I noticed someone in this thread mentioned using their TOS platform to model probability of touching. Although I use TOS and it is a great tool,...
Shouldn't his models have predicted this?
So the website you are linking to is free and you don't have to pay for the service?
I apologize if you already answered this, I didn't see it in the posts. Why are you using DITM debit spreads instead of OTM credit spreads? The...
So do you think April/May is the market norm or recently? Also, when you say 85% probability of profit are you taking into account that you may...
What everyone else said above, the lambo/camaro is a great analogy. Pull up an identical spread with monthly vs. weekly and look at your negative...
Wade Cook Wall Street Money Machine is the authority on options....just kidding!! If the books are over your head, you need to take the time to...
l3randonf, I am assuming you are seriously asking and not here to pump Snider but either way I can provide you some info on Snider. My...
Thanks!
Does anyone have any experience with the monthly membership or the mentoring program?
Thanks
Three line break charts (or three price break charts or line break charts) are a lot like p&f charts. Try this link for more info:...
I use them as an overall trend indicator, they tend to filter out a lot of whipsaw movement. They are tough to trade off by themselves since you...
Does anyone know any chart sites (preferably free) that allows for three line break charts? I typically use pcquote.com but they seem to be...
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