Day 14 February 24, 2006 Open P/L +$112 Closed P/L -$279
Day 13 February 23, 2006 Fills Sold 1 ZNJ6 108 Call @24 (to open) Sold 2 ZNJ6 107 Puts @11 (to open) Open P/L +$31 Closed P/L -$279
Day 12 February 22, 2006 Fills Sold 1 ZBJ6 114 Call @33 (to open) Sold 1 ZBJ6 112 Put @23 (to open) Open P/L -$31 Closed P/L -$279...
I'm looking for a direct-access futures options broker who has reasonable commissions, a good trading platform, and trades ALL markets (electronic...
Day 11 February 1st, 2006 Fills Bought 1 USH6 115 Call @8 (to close) Open P/L $0 Closed P/L -$279 Notes: All positions are now...
Day 10 January 31st, 2006 Open P/L +$171 Closed P/L -$513
Day 9 January 30th, 2006 Open P/L +$187.50 Closed P/L -$513
I'm with most of the other respondee's. My plan is a set of rules that I developed during my paper trading and am now putting into practice and...
Day 8 January 27th, 2006 Open P/L +$156 Closed P/L $-513
Buy1Sell2, I don't know if it has a name. If you find out I'd be interested to know what it is!
Day 7 January 26th, 2006 Fills Bought 1 USH6 116 Call @6 (to close) Bought 1 USH6 112 Put @42 (to close) Open P/L +$156 Closed P/L...
Walther, I'll take that under advisement. Thanks, NoMoney Sorry I should have been clarified: I bought the 113 put back to close at a loss....
Day 6 January 25, 2006 Fills Bought 1 USH6 113 Put @44 Sold 1 USH6 115 Call @23 Sold 1 USH6 112 Put @26 Open P/L +$250 Closed P/L...
Walther, care to explain your reasoning? How it is a losing proposition? Why do you need a $200k account? Why are credit spreads more suitable?...
Day 5 January 24, 2006 Open P/L +$78 Closed P/L -$325
Day 4 January 23rd, 2006 Fills Bought 1 ECH6 1250 Call @78 Bought 1 ECH6 1180 Put @13 Open P/L +$30 Closed P/L -$325 Notes: I was...
Thank you for sharing that, ClearWater. A couple of times I had similar losses during paper trading where the market blew through my stops....
When one side gains 50% of the initial premium I will buy it back at a loss and sell a new strangle with more total premium than I bought. This...
When/if these strangles get into trouble that reserve will come in very handy for my defense tactics. Excellent! I hope that's not one of those...
I'm looking for $400-$600 premium per option.
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