Hey Everyone.. I am currently out of the country until Sunday so I may not post as often this week. Last Friday was quite an interesting...
Was told it comes out around 12PM and will appear on the CBOE website. With the index down to 1224.43 I am expecting a SET value below 1230....
No settlement value yet.... still waiting although SPX opened at 1227. Phil
I think you need stones to do this for a living and they have to be big since we put em on the line day in and day out! I am quite happy with...
I worked really hard at reducing the effect of emotions on trading. I wish I could remove it completely but it will never happen. It is...
$75K loss at 1235? I would love to know how that occurs. 5.00 points * 100 * 50 contracts = $25,000. But I received $1.00 in credit so it...
No one is advocating anything, I am journaling my trades to demonstrate this style of investing and open a discussion. Phil
Remember that paper losses on OTM strikes can sway you emotionally but the AUG 1260 calls are still far from being ITM. AS for my 1230 JULY...
Market is losing steam today as it has tried to flirt with resistance a few times today. You have 5 points of room and 2 days to expiration....
Now I am not sure if I made it clear in this thread so I will cover it it since the question comes up. This is not an IRON CONDOR thread it is a...
What you have to remember is that the $11k is a paper loss only with the index about 43 points OTM. THe $11k is a reflection of the bid/ask...
Well as indicated I closed my AUG put spreads for a nice profit and then moved up to higher strikes to collect more premium. I got filled on...
Well the market had two great days in a row so I thought I would take profit on the August put side and move them up to a higher strike since we...
Today's upsruge boosted the call premiums and I decided to take on an expiration week scalp. Sold 50 JUL SPX 1230/1245 Call Spreads @ $1.00...
Your question is a common one with respect to this strategy and naturally it is a risk I cannot ignore. The risk/reward on its own may seem like...
I get IV and delta from my broker, OptionsXpress. On the option chain it shows IV and delta. Most good option brokers show this info with their...
First let me say that praying for a stock or index to move your way is NEVER the right choice. I am not familiar with the NDX so I can give you...
Decided to take more profit today and say goodbye to July positions and close my last July Put Spread. Originally 55 July 1150/1165 Put Spreads...
Craig: As long as you have a good risk management plan and stick to it and make money I see nothing wrong with your approach. As for my...
Waited for more upside after the emotional reaction yesterday to add call spreads and leg into the Iron Condor: Sold 115 SPX AUG 1260/1275 Call...
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