can you explain this a bit more? If I sell an option and someone exercises it, what does this has to do with options IV? Isnt option only...
Sorry for hijacking the thread. NO more comments regarding this. As for how much I lost before becoming consistently profitable, I hope I can...
Risepoint1879 you can see that I mentioned that already. Yes I know, big guys have problems moving that much money and liquidity becomes a...
schweiz: your problem is not having too little brain, your problem is only using 1 % of yours. You should aim for at least 2 %, then it would be...
Hahaahah, sure you do kiddo.. Daddy gave you a dollar, you selling lemonade and you made 3? Congrats, but please, get real.. I think the only one...
Yeah I know, I just find it funny how many traders claim they make only 10 % per month, hoping they increase this to at least 50 % per month...
Oh man, you really should aim higher and not try to be so humble. 7 % per month is not even 100 % a year.. And to think Buffet is considered...
Yep, tell me about it, still waiting for my medal of honor though :) And it all pales with comparison when I sold calls on NG haha. After a big...
??? Where did I say anything about that? All I am saying is that with options you have a lot more possibilities to make money than with futures....
Not sure that I follow, but like I said, this strategy will under-perform in a big run up. So if SPY goes up like it does in some years, 15 % or...
You are welcome. And I hope you are not like me, I have read about other posting similar stories, but I am obviously the type of guys that has to...
I think it is the other way around, or? With futures, you HAVE to guess where underlaying will go or you loose money. It stays the same, you loose...
Can confirm :) Sold CL strangles, condors etc for half of 2017 and most of 2018 not being overly leveraged, making about 1.000 USD return on 80k...
Yeah, now that I look back I could actually come out with about 3k gain instead of 3k loss had I not panicked and held 4 puts and 4 calls till the...
Hi JSOP, I closed the position - realized a loss of 4.500 USD, immediately sold 2 puts at 38 without any calls because I expected a price to...
I was thinking about one other option (hehe). Currently this spread constisting of 4 x 43 feb puts and 5 x 62 feb calls, all together valued and...
Thanks for help man. I misunderstood the part with theta decay, I thought you mean I should go for higher theta which would mean closer to the...
You are right. I am thinking about putting a hedge on with futures, that is shorting CL. As I see it put IV is much higher than call IV and this...
Yep, I know what you mean, specially after today close :) "paper loss" now getting Iyuge so I am hoping for at least a day or two of positive...
Thanks for concern, but I am doing fine :) I had strangle in place when CL was 74, now at 54 I am sitting at 3.000 USD paper loss, but my legs are...
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