When closing earlier for profit your are limiting your profits, you're losses will be the same.. The cheap wings will limit your margin (be...
I use self written software (java based)
Selling ATM DTE0 straddles a hour before the bell still had a positive P&L: 4.7K in 2022.
On SPX for 2022: Strategy 1 has an max DD of -25202.5 on date 2022-04-29 Result -16203 for the year without transaction costs
In 2022 you could better buy straddles at opening instead of selling them..
http://dtr-trading.blogspot.com/p/spx.html
SPX trades most at the time at midprice, less commissions, less margin..
https://www.thebalance.com/spx-options-vs-spy-options-2536632
congrat! gross 5%? net 4,5%?
You bought it for 159.35. At the moment it is 149.08. So result = -1027. -1242 is the daily loss
Correct! Done it many times..
when you are assigned you just long or short the stock. So IB won't close them for you. You are allowed to close the position yourself.
Because when i roll i expect the market to go lower. Better to sell wings at the moment you see a change in market direction. But you can sell...
Haha. I reverse also risk bij converting written puts to written calls. Also lowers the margin. Happy trading!
Think statistically. What matters is the final average of the orders on the two sides. Don't get hung up on "trades". Thats what i said, you...
I meant that both trades ended with a loss - so the 20 sell @4 close eg for 6 = loss 2000 - 10 buy @12 close for 6 = loss 3000 Sure you can do...
Thanks for you reaction. I understand the 'stranded' transactions. But if you have this case: - sell 20 ES puts for 4 dollar - puts go on monday...
No i don't roll the hedge. De hedge stays in place during market selloffs. I will roll the written puts to lower strikes. The will cost some...
10 till 15% return with max 3%DD is very good! The 10% DD i had was in march 2020. I it unrealised DD, the month was at the end profitable but...
Thanks for you feedback. I also made some software. Not to automate trading but to backtest different strategies. Helps you to see the bigger...
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