As long as you're happy with your returns, its always a good idea to be closing out shorts.
Ok, to your point, if I had to choose, I'd rather sell a cash secured put over selling multiple bull put spreads. Its still a lousy trade. Well,...
Just an easy fill. Try to put it on your trade platform now to see what it looks like but this is a typical entry for me. Yes, I would add a...
For the covered call sellers. I know its another popular strategy, buy/write but as you know this has the same risk as selling puts naked. This...
OK, as I mentioned I trade RUT exclusively. Here's what I'm looking at for OCT. Looks like there are the strikes are slightly skewed against me...
I am glad to at least get you to think of potential risks in this type of trading. I don't want to discourage your trading but rather enhance it,...
Ok, its 5:20PM here in the Philippines ha. When vol jumps, all options cost more money, in a standard credit spread, the trade loses since...
Standard credit spreads are one of the fastest ways to financial ruin when volatility spikes. If we have learned anything over the past few...
For you guys trading IC's in this market, consider that the VIX is near its lows and since IC's are neg vega, if we get some bad news somewhere,...
You could also look at daily candlestick charts. Look for wicks to form at bottoms and tops. If you are watching the markets daily, you can get...
A draw tool I like to use is Andrews' Pitchfork to help show the multiple support/resistance lines. You can modify this drawing by adding more lines.
A lot has already been said as to how PM is calculated. I don't use IB but I will add that trading short strangles on stocks like GOOG and AAPL...
The takeover was messy but I didn't think of going elsewhere.
Its also important to check the volatility skew. Always check before placing any trades to see if you are getting fair prices.
Good morning traders, This is not another doomsday thread. I just wanted to get a feeling as to what fellow traders are thinking/planning...
I like the newer version risk profile. This appears to be a very safe trade set up but there has to be some trade-off. Perhaps, its the margin...
Good to see someone looking outside the box. Its an unusual risk profile, but interesting. I can't make out the profit potential without...
I think you have to keep those weeklies really small or as a hedge for your larger monthly trades. I know returns are possible but looking at...
I would and always do go with back ratio spreads. Much better if you have the portfolio margin to keep the margin very low. Good idea not to use...
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