Brighton- couldn't put it better myself- you buy a spread for 10 when strikes are 50 points apart then your odds are 1 in 5. I buy put spreads...
Delta of 0.20 can be taken as a 20% chance of that option being in the money at expiry. Are you sure you have the multiples right? In the US an...
Trading in the UK is like living in a morgue- I don't know any other traders who tarde for real and make money-it's just me I think
You can use Delta as a proxy for probability, or use standard deviations-Bollinger bands are quite handy
Well done,and thanks for posting- the market has not felt right for years,due to FED intervention and banksters being given a cash mountain- when...
I would say all strategies have periods when they work, and knowing that they have stopped working is a very hard thing to understand. I was...
My trading life got weird and in 2010 I was offered some paid work with a charity so heart won over head. 2010 was a terrible year for me and I...
I thought it was me! I look at open interest on UK FTSE options and it is rubbish- No real volatility either-VIX has not ticked above 20 for...
What a shame hardly any UK options traders these days-so much to be enjoyed and profited from
Vega as we know is the least reliable Greek,and as BS is the least reliable option pricing formula it is pretty much stick a wet finger in the...
don't waste your money on stock options- the index is safest-you'll get killed with stocks,as they can move ±5% in a day and whiplash you so fast...
Strategies are important to understand,as is the language of options. It takes years to get comfortable with options-I've been trading them since...
Xmas tree- example buy SPX 1500 put, sell 1480,sell 1460 etc ratio spread buy 1x 1500 sell 2x 1480 put. there are so many different...
I only trade the index-european style,and sell spreads and ratio spreads,Xmas trees too
Good life to you sir as Peter Griffin would say. I have nothing but praise and admiration for any of us retail traders who make money. It can be...
Put Master you are right 80% of the time but when you are wrong,try closing out your positions at market open when there's a 5% drop on a Sunday....
When do bankers get the message-they never make a profit in the long run because they have a rotten business model. They should all be run as...
cdcaveman is right- you could get luck with selling spreads- but don't dick around with stock options,only use index and european style- ie no...
Non angeli est Angela She's no angel she's angular!
Arab oil money bought much of London in the 70s when the UK was still in poverty after saving the world-twice! Seriously though the divide...
Separate names with a comma.