This alternating way of selling puts and cc's will not work, you wont get more than fractions when a stock plummets if you want to keep writing at...
I is here :)
I think you should sell them now. What is the price you can get now? I dont see "bid" for it, only ask 5 cent.
He said he started selling 2 years ago though :D
With QQQ at 53.51, volatility of 30.81% and 4 days left there is a 37.23% change of QQQ expiring at 53.00 or less.
What is your reasoning with...
Better than bid when selling a put for example.
I got a fill midpoint - 0.01 yesterday. Thats fine.
Good I encourage everyone to post their real trades and its reasoning here. Thats what the forum is all about.
Is this a real trade now?
Wish you good luck.
This idea has been abandoned.
After rescuing my wrecked account (-17%) Iam now +3% since account opening 3 weeks ago.
I have deviced a new...
Thanks. Actually did a spread today got filled midpoint + tiny bit, and fast.
Is it possible to get filled better than bid?
Anyone that trades SPY weeklys alot?
Can you explain abit more?
Sure you can sell an OTM put that has low delta and get some money, but it might hit back and dont do it if you...
How wide are those spreads usually?
Atleast with stock options its easy to get filled midpoint + little bit negative towards your side. Weeklys...
When I reach home.
I have 10 option books!
Apart from Sheldon and McMillan this would be my favorite:
The Mathematics of Options Trading C.B. Reehl
Yes by sonoma, I quoted him. Also others implied that.
Fun excercise anyways.
Btw Eliot, you mentioned beta, where do you fetch them...
"Oh Yes they might!"
I cannot imagine a worse timing trying this the last two weeks, that correlation stuff is just bullshit, everyting...
Thanks, before the big event last week I was able to find collars for NLY (15% yield) for about 35-40%. Certanly not free but would work I guess,...
The puts when dividend are baked in is very expensive I cannot find a Collar where the calls pays much of the put, do you have an example, where...
14.5% x 60% = 8.7% / year, almost twice with margin. 15-16%
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