Sure. But you see, numbers don't lie: [ATTACH]
See my last post. The gains came from the fact that the IV skew between the front and the back month at the time of the entry was favorable...
Actually no. The position was 250/255 double calendar. The stock stayed well inside the tent, so most of the gains came from positive theta of the...
Yes, we are are long vega, but we are reducing significantly the vega risk by entering at prices which are favorable compared to previous cycles....
200% IV for AAPL? Are you seriously suggesting this as one of the risks of the trade? Have to show this to my members as an example how NOT to...
That AAPL trade alone produced enough gains for someone with 10k portfolio to cover 3 months of subscription fee. Members with 100k portfolios,...
Let me debunk this widely used myth: being former market maker gives you ZERO edge as an options trader. ZERO. Market makers made money in a...
Not really. 1. The 40 straddle is not representative because it was 4% below the stock closing price. 2. The 40 straddle price closing price...
It looks like you don't have much experience of holding trades through earnings. In the first 15-30 minutes, the spreads are HUGE on most stocks...
Again, selling 40.5 would be directional as the stock closed at 41.82 yesterday. Looking at 42 straddle would be the right way to look at the...
Two comments: 1. The stock closed at 41.82 yesterday, so selling 40.5 straddle would be directional. A better way to look at it would be...
It was previously suggested (by you) to sell M straddle because it looked overpriced. Just quoting your post.
M straddle implied 9.3% move as of yesterday close. It is now down 14%. How selling a straddle was a good move?
Well, the 90% drawdown just tells you how much risk he was taking. Just matter of time till his account is toast.
This is of course easier said than done. To get a 10 bagger, you have to take a huge risk. Too many things have to go right. For example, even...
People tend to look for the holy grail. Many sign up for newsletters that promise to make "10% per month/5% per week with no effort", then declare...
Opening the trade on the last week will expose you to very high negative gamma. It is a very high risk trade. More details: Why You Should Not...
This is way too early for few reasons: 1. IV increase rarely starts before 20-30 days before earnings. 2. The negative theta will start to hurt...
How about $40/month for unlimited options trades (except exchange and regulatory fees)? Tradier Brokerage Special Offer
I was referring to closing it before earnings.
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