well...you do know exactly what your profit is NOW...but it may make sense to do 1/2 & 1/2 just for comparison/learning purpose. GL:)
Nice trade Leon...If I can play along with you...You initiated the trade primarily as a volatility trade. You sold the straddle when vol's were...
Essentially you legged into it which works just fine but its a directional play, rather than pure vol play. If you are right on direction and...
FaderTrader you have asked the "holy grail" question. The problem of selling the option in a high vol environment is directional risk...I assume...
I vote we pay MO to do a "Cliff Notes" version of Cottle:p
KTM gives one example of why you really can't make hard and fast rules on this one. It depends....and no substitute for experience. If you are...
Perhaps a key to performance is that there has been NO volatility (until very recently) to arbitrage? '04, '05 and 1st 4/5 months this...
Majority of the population are OUTSIDERS:D If your into sports, hiking, skiing, biking,hang gliding, mountain climbing, running, walking,...
If we have a 10% correction in the SPX then I'm buying ALL your selling!!!:p
I guess its time for me to go out on the limb and say why I believe we will NOT see 1200 this month (or next). JOBS. The US economy is supported...
and YOUR reasoning WOULD be?
Fair enough:D
hey Rally...not to nitpick but last week 6/15 on Cache's journal you mentioned that you were looking for a move to 1290/1300 to put on some...
I thought you might be hinting....TWINS?????:D
19.95 is wayyyy to low...$199 more like it:p wasn't Mktsurf offering Cottle's used book for like way more!
I think your numbers are slightly off...with spx at 1252 the July(1225) calls are abt 41 and puts at 13... but with 17 on the vix the sell did...
June Autopsy..err .....ummm ANALYSIS (or Saturday AM quarterbacking:D).... One of the reasons I've not "blown out" so to speak this past year...
I would also recommend the study guide you can get to accompany the 1st 25 chapters of McMillan. After each chapter you can test your...
I was married to one.(trust fund) Note the .....WAS. And Fishface (not you volente) wash your mouth...you say fuck but then use $#@% to say...
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