Have decided 2 things recently.... (1) The best way to grow net worth is to have full amount fully invested in market (all eggs in). (2) Have to...
Trying to neutralize the position risk at lower cost than outright put.... was thinking if act before price gets to strike, I could sacrifice...
I agree that there is a time to close out the position as a mitigating control. I guess the reason I wouldn’t want to do that in this scenario is...
Well... I definitely want downside protection for the potential big drop thru my strike. This is a pretty near term time frame so it could get...
This CC would be an in the money covered call, should have mentioned that earlier, sorry. So it in itself was an insurance to downside protection....
Yes I agree with 1 & 2, and appreciate the advice. I guess what I’m thinking is that this “insurance” would be implemented before you get to a...
Likely the strike price of the covered call... that is kind of the part I’m asking for advice on... how to do it the most cost effective manner
I apologize for the poor drawing abilities, but see image attached. I overlayed a typical CC chart on the short put ladder chart. Not to scale......
The vehicle I have been analyzing for this strategy is SPY. Looking for close to same coverage as an outright put (buy to open). But thinking if...
So in this position, assume the covered call had a negligible amount of premium/profit. This is a very near term position, daily or a few days...
So the idea is that you leg into different positions as the trade goes against you in certain facets. In no particular order...Buy, double down,...
Yes sir I agree. I should mention this scenario is still a theoretical one. I'm still trying to iron out the pitfalls in a trading system. The...
Maybe the put is the keep it simple approach.... just seems that if I’m willing to concede gain to the upside, and/or take a slight loss on a next...
I definitely agree with keeping it simple, but ideally wanting something to mostly protect downside, so if price drops significantly the insurance...
what is a better alternative for insurance on a covered call position than just buying an outright put. The scenario is that the price is starting...
zdreg come out here posting stuff to pick a fight. Seems that you boys fell for a trap..... Just kidding, I’m sure that wasn’t the intent, but...
Robinhood doesn’t even show any of the same day expirations on their platform, and EOption disallows any “to open” such trades after 1 pm....
My apologies, the options would be utilized only to hedge against daytrading activities that go against me during the day. The vehicle I intended...
For capital purposes, it needs to be a one of the 1/10 of the S&P index type vehicles. So that leaves SPY, XSP, and I believe the e-mini. I’m not...
It seems the after 1 pm on expiry date issue is broker related only, not sure it’s specific to SPY itself. SPY is ideal because it has daily...
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