Thought I might chime in with something no one has mentioned. "Reward" management. Its very much a part of "Risk" management. IOW you do NOT...
Andy while I'm sure they are correct it could also be that ppl have to set their call side closer to strike to begin with as the premium is not as...
Down 30pts in 2 days:eek: Hopefully its washed out and next week will be ho hum.....sold 2X puts at 1245 for 4.10 so now have a long put spread...
NICE going domestic...glad you got out alive:p
AND a smily face:p
above posted on the 10th...I did get filled on the 1250's for $2.60, my 1245's filled for $2.50 4am woke up trying to figure out how to play...
Nice trade...agree with Rally...
Laugh My Ass Off
Geez...just got home from a long day away from computer...news etc. I did call my sis and ask what the mkt was doing...when she told me.... I...
Thats a really good question Andy....multitude of answers...if the long put or call is Wotm then you would get so little its probably not worth...
You know I don't reall look at ROM...i know ppl need to have a ballpark but I just want cold hard cash:p so if I have extra $$ I'm happy to use it...
Sure Andy...I don't start out with spreads that wide but for instance this month my initial put spread was 1215/1225. I closed that trade for a...
I just figured out something pretty cool...I'm sure you guys already know...but since I bought those June puts I can now sell some May puts (don't...
well I missed all the non action...although spx seems to be having an identity crisis...I did get filled on my June 1250 puts so will be hoping to...
Truer words were never spoken:p been THERE (almost....actually nearby:D ) thx
Not coach but Rd you are exactly right...on those monster spreads you are only concerned with the short...I've done very wide spreads but well otm...
I put in an order for 1/2 my allotment at 1250 and 1/2 at 1245 the 1245's got filled first:p not sure if 1250 will fill. I'm thinking we are at...
Its not too late to put on a put spread...take a look at your charts etc and perhaps after B's speech you can find a safe but profitable put...
BTO June 1245 Puts@2.50
Perhaps you can get your money back:D I and EVERYONE here would tell you IF you are a bullish directional trader very confident in your stock...
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