I can live with that for now. I am still trying to find the best IV parameters for entry that raise my PoP by 21 DTE. Hope the public forum will...
Thanks, appreciate it. Second, I like butterflies due to the way they allow you to structure your trades. I find them much easier to be...
It is funny how that works isn't it??
3/1 - Greeks look good: [ATTACH] Graph looks good [ATTACH] Nothing for today. More upside means I need to watch Vega at this point.
I appreciate the insight. You're right that I simply don't have a good model for prediction at this time. However price isn't the sole...
That's the plan my man! I don't think the overstated IV is necessarily the only edge, I just don't have the sophistication in the options world...
Yes, agreed, however the nature of the adjustments and their greek structure is what is meant to consistently provide a profitable trade...
I agree 100% on the first part. I would the think the large width of the strikes coupled with the hedge would help. Locke has a lot of videos...
Can you explain why that is a fatal flaw? I have seen the trade profit in both high and low IV. I would imagine there are parameters where one...
I would guess the positive expectation comes from the fact that I'm taking only a small portion of the max profit, and the trade is designed to...
I'm sure it was! I just stumbled over his teaching of it. The analysis of this particular trade has taught me a lot so far, and Locke has a good...
It's a pure time trade with planned capital and established P/L I suppose. I am not sophisticated enough yet to use these sorts of things to my...
There is a pretty growing industry using the butterfly for the "common man", but I would argue that's because the butterfly is a good trade all...
I appreciate the analysis. Adjustment and/or adding call/put verticals to fine tune the greeks are a pretty decent part of the trade to account...
Hello all I am going to be trying a trade in 2019 that, when backtested, gives some pretty nice returns. This is NOT my trade, it was crafted by...
I remember you catching a lot of hell for claiming this V shape up-move was "in its infancy" back in early January. Very nice call.
That's amazing, thanks for posting.
Learn to read the tape.
You try and we'll watch. :)
So your original stop was 117 points below your entry. Out of curiosity, does that mean your price target is at least 234 points above it?
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