Coach, what do you think about this one ? Buy 1180 put $10.2 Sell 1175 put $2.3 My rational is to used this as a hedge and still has good...
http://www.gladwell.com/2002/2002_04_29_a_blowingup.htm This guy blew up the whole account because of selling naked OTM put on SPX with high...
They are real at Think or Swim. I was looking at $3000 option courses. Then, Michael Catolico who posted at yahoo option club exaplained to me...
Sold 550/560 call credit spread today for $4.50. I should have done 555/565 instead when the index was 553 but I was too greedy. Summary:...
10/25/05 Bought back 540 put for $3.3. Made 6.1 - 3.3 = $2.8. XEO drops more so I sold 550 at the end of the day for $5.7. Now I have...
Could you please explain what this mean ? I though when you put on a trade, you already have negative expectancy due to commissions and slippage....
10/20/05 XEO was around 543. I opened 1 540/530 Nov put spread for $2.4. I'm waiting to sell call spread next week.
Summary for October XEO result: Start with loss on 1 570/555 put credit $3.5 Sold 1 IC 545/560/565/580 for credit $7.25 Bought back IC...
10/21/05 Now I have to deal with IB 535/550/565. I legged out by bought back 550 call first for 0.15 and bought back 550/535 put back for...
10/20/05 Buy back 560/545 put spread for $4.4 by leggin in. I sold this one for $2 so there is $2.4 lost here.
10/18/05 The index was around 550. Sold OCT IB 535/550/565 for credit $4.2. I'm not so sure if this is the right thing to do since 10/21/05...
10/14/05 Buy back 565/580 call 0.15. I sold it for 4.5 credit so I make 4.35 on this one. However, the 560/545 put did not do so good. The...
Riskarb, I appreciate your comment here very much. Could you please explain or point me where can I read the definition of "curvature" ? Is...
Here is result of my OCT spread trade. I used about $7000 cash on TOS platform. I losted $265 not including commisions. On OX platform, I...
I'll probably brake even. I had some 1175 that was rolled down to 1165. I read and was told not to establish one full position at once. That's...
I have couple of contracts on the short side of 1165, 1160, 1155, 1140 for Oct. For nov, I have 1160, 1150 and some spy put credit spread opened...
Thanks for the answer. Let's say I'm not decent at picking tops and bottoms at all (which is true). I plan to go by statisticcal approach and...
Mav, I have been trying to develop this strategy on selling ATM put credit when there is a large down move like last week. So far I have tried...
In OX, they won't let you roll down your position using butterfly. However, you can call the trade desk and asked them to do butterfly for you....
I had to roll 1175/1165 down to 1165/1155. I compared the slippage using 2 trades VS 1 butterfly. I found that butterfly was cheaper. In your...
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