I still remember the early interviews where The Sos said he would see her trades come in over the TOS platform and be amazed at the amount of...
No, guaranteed winning orders placed as one trade do not exist. Any opportunity would be considered an arb and their are people who are a lot...
So can we officially remove the title of "Supertrader"? Max Ansbacher has traded strangles since the 70's (he has a hedge fund and website with...
I am assuming they would both pretty much have the same approach? Come up with a market opinion, put on verticals and leg in to the other side as...
IV rank is used in hushed tones of reverence by Tastytrade as if it is the holy grail of option selling. Like newwurldmn said, it is usually high...
You should price all of them. A lot of times factors like ITM vs. OTM will impact slippage and you can save a few pennies with one vs. the other....
Unfortunately, what you will find is that most people in the markets are just as passionate about trading as you are. For the first ten years I...
Take your 20k to a strip club. You will probably end up with the same amount as you will with your covered call plan but have a lot more fun.
As an elite trader poster obviously I would have made 38%. Duh.
In this day and age I don't know how anyone can expect to live off of $100M. Poor guy. Maybe we can start a go fund me for him?
+1 to this idea. Always try to have extra units on the downside. If you have portfolio margin it can do wonders for margin control too. If you...
I remember telling my wife after about 3 years of trading options that I was going to quit my job and do this "full-time". Luckily I took a huge...
Keep in mind part of Karen's edge was/is that she biased her shorts based on market expectation. Essentially her delta was skewed bullish in a...
No it isn't possible. Risk vs. reward is applicable no matter what the strategy.
WHAT ARE YOU TALKING ABOUT?? Besides your one lot crazy spec plays have you ever traded options?
I would say for the OP they are irrelevant since his trading consists of buying a 1 lot OTM option and either winning or losing it all. However,...
Just know that Murphy's Law will kick in and your connection will drop at the worst time possible for your trade. Swing trading where you can...
You mentioned tastytrade in your first post and I would strongly advise you against following their strategies unless you have continuous access...
From the slingshot, to the calendar collar, dynamic collar, dividend collar, poor man's collar, platinum collar, radioactive collar, ratio collar,...
In the past I have traded the slingshot in real life and various other forms of it. Like sonoma said you are net long so your hope is that it...
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