Hi cdowis, Thanks for your post. Your technique appears to be an excellent approach. You're essentially taking the same directional posture as...
Hi traderlux, Again, thanks for your interest in the progress of my GLD trades. You can also get a good understanding of my trading philosophy...
Hi traderlux, Thanks for the kudos about my posts and blog. BTW, the GLD diagonal has moved up 15% since 12/17/10 to 0.92, as of yesterday's...
Hi Folks, Diagonal spreads have long been known as an excellent risk/reward means of net selling options time value (TV). For those unfamiliar...
Hi EliteThink, Thanks for the posting. I'm not doing any filtering. Several other posters have mentioned a desire to find ways to enhance the...
Hi folks, For those who have been following the progress of the long term GLD strategy I've been using, this is an update. I've been in a Jan...
Hi Folks, Well, the bullish put vertical spread strategy clicked again in the December contracts. That marked the 75th winning month out of 120...
Gentlemen, itâs gratifying to see so many folks contributing to this discussion about the strategy I posted. Iâve waited until the November...
This is an alert that it's getting close to another roll up in the GLD strategy. I'm now in a bull put spread in the Jan 2011 135/140 strikes...
Well SpindrO, I think it is an anomaly. As I have said ad nauseum, if anyone can show me another decade when the market was down 15% and the...
Well put Wayne, particularly since the solution to the country's massive debt problem appears to be debasement of the currency, paying back...
Hi Wayne, It is pretty well known that the long term trend has been a 60% rise in shares, measured weekly, monthly, yearly and since the...
tman, No, I haven't done anything with SPX weeklys, mainly because they are not very liquid and the bid/ask spreads are terrible. So, for me...
Hi tman, Glad to hear that you're going to give the technique a whirl. Of course, since I'm also trading it, I wish you the best of luck, lol....
heisasafari, This is a tempest in a teapot. My entire reason for posting this strategy was that I thought it might be helpful to Forum...
heisasafari, With all due respect, it is an anomaly. Your point about up 10% not meaning the same as down 10% when the level of the index is...
Howard, It's a simple 'metric'. If, in future months the credits received at initiation dwindle to below 2.00, then the expected ROI would be...
Hi Howard, Back testing with a preconcieved notion of how a strategy might turn out is prone to 'fudging' the numbers to fit one's ideas....
OOOOPS. I made a typo on the historical win/loss record of the SPX settlements. The correct figures are 74/45. Sorry for the goof, the coffee...
Hi JJacks, Your idea re downside protection is a good one. After all there is a significant number of down months in the strategy....
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