As one premium seller to another. Cut your risk in half to allow for margin expansion. Also, you'd be better off with fewer contracts closer to...
Also, do the search for the dude who lost 4 mil betting on volatility. And I'm a premium seller
Make sure to do the search for "Victor Niederhoffer" BP = Buying Power. How much percentage are you risking per position?
How much BP are you risking? Is your account big enough for PM? Seems an awfully high ROI. I told my Pops I could set up a 50% ROI selling puts,...
I took a peak at Jtrader's sight. I would be very cautious of someone claiming >70% win rate for long option positions. My understanding is a...
After blowing up 4 accounts the best advice I've got (it took decades for this to sink in and 2019 is my first profitable trading year): - Don't...
I would sell cash secured puts on ULs that you wouldn't mind owning. Not popular here you can then sell the call against the shares you don't mind...
@ironchef I may have skimmed too quickly, but was this a 30% gain on the position?
Oops, It sounded like you were short. I skimmed too quickly
Good Job :thumbsup:
I did a back test of SPX naked call options and in 2013 the position was destroyed. I swore I'd never sell a naked call again nor sell covered...
Exactly, I don't know if it's wise, but I'm not as delta neutral as some people teach. My thinking is if risk is only to one side, I can watch the...
Yeah, I tried that for a year ( in my search for strategies I liked). I had a 70% win rate, but my overall PnL was flat
@ironchef , did you buy a straddle or were you strictly calls?
I imagine Kirk makes more money from his site and his coaching than trading. I have been told he is open about his returns and that he is...
I was also curious, because I wasn't sure how it would turn out
Sorry my fault. I just put up a simple and not thorough back test that selling 6 delta put was survivable. I'm new here and I was curious that if...
We allowed to discuss theory, right?
Also there's no need for name calling. I showed above the strategy is survivable. I didn't say I would do it. It's just theory. Calm down
She doesn't do calendar spreads, atleast from her interviews. Somebody mentioned Martingale (which fits the description of rolling for more time)....
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