Hi Wayne, Thanks for posting the SPY info for the decade. It correlates well with the SPX settlements, as one would suppose. The SPX figures...
Hi Wayne, I was wondering when someone would ask about the martingale, lol. Mine is what I call a modified martingale. Here's what I do. Start...
SpindrO, That's a very cautionary tale, and the moral of it to me is, money management is the key to success. Even though I have only traded...
Whew, so many questions, lol. Guess it means you're really interested. First, I get the settlement info from the guy I trade with there. I trade...
MTE, You're correct about the exact price of the settlement not being available early in the trading session, but veteran traders at sharp options...
Hi folks, For those of you who trade spreads on the SPX, I have developed a decent bull spread strategy based on historical data going back...
Rolled up the GLD Jan 2011 130/135 put spread to 135/140 today for a credit of 0.95. If we get past 140 before Jan, I'll roll the Jan 2011 spread...
6:30 AM EDT - The election results were pretty much as predicted by most pundits and, since a big GOP win was already in the market, shares had a...
Good point. Ckeck it out when GLD hits 135. Remember though, the farther we are from expiry, the smaller the credit received for the roll up. The...
What builds confidence is renewed success. What creates success is well thought out strategies. First, please understand that determining market...
Hi, thanks for the response. The technique I posted is not my basic strategy for options trading. I only use it when a strong upside momentum is...
Hi, I replied to your earlier post today, but it apparently got lost in the internet mists, since it never appeared on this thread. In any event,...
OK MTE, I certainly don't want to start a confrontation, so I'll accept your explanation re the brains comment at face value. In any event, I...
To heisasafari - You are correct, a change in the long term trend in gold would dictate an alteration of the technique. As I indicated in my reply...
MTE - You are, of course, correct in your observation that the technique I used worked largely because GLD has risen in the last two years....
I've been trading the monthlies since they were around 80 with bull put spreads and had great success. What I did was to buy the Jan 2010 80 and...
Hi, anyone trading the GLD monthly or weekly options?
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