Thanks Coach. Makes sense. Although I'm not sure I understand your margin at risk explanation. That 15k is yours in the sense that if the...
Coach, I'm confused about a few things regarding your most recent position: -you said that your total margin req is $150,000. Shouldn't it...
momoneythansens- WHat you say makes a lot of sense. Similar (albeit far less articulate) thoughts had been bubbling in my mind as I've been...
Was just thinking about something... I sold a Nov 1240/1250 call spread on 10/12 for Nov expiry. At the time, the SPX was around 1185. I...
So, I bought back my Nov 1240/1250 (that I sold for 1.10) for .6 today. I'm happy. Made a littlr profit, and i'll sit out November. thanks guys!
I have an SPX call spread, Nov 124/125 at 1.10 that I took up about 45 days to expiration. I could close it out now for 1.00, allowing me to...
True, but for now, I'm happier (and sleep far better), with the call spreads. I know that I get much less premium, but I like that I'm not...
This is why I think I'm more comfortable just writing 5% OTM bear call spreads. The market tends to move up slower than it moves down; giving...
Thanks guys, now it makes sense. I was thinking short butterfiles, when I should've been thinking long butterflies. Thanks.
of using a butterfly to roll down a bull put spread (or roll up a bear call spread)? Say you have a put spread at 1 1218 short 1...
Got a fill on the OCT SPX 1240/1250 call spread at .3. I had to let the order sit for about 30 mins. Optioncoach, when I posted earlier...
I see what you're talking about with regard to the puts. What do you think of writing this put spread today for October expiration: for 1135...
optioncoach- I recently joined the forum and have been reading over much of this thread. Its been very interesting to say the least. But, I...
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