Thanks for the response Coach. I understand what you're saying; you can't make blanket statements everything needs to be analyzed. I wanted to...
What do you guys think of using wider spreads (say 15 or 20 pts rather than 5 or 10), even when these spreads don't give a higher yield than the...
No idea; I was playing around w/ "can't lose" trades just to see what would happen. I'd entered one for the 1255/1260 @ 4 as well just to see what...
So, when does the SET usually come out? Noon-ish? I put a last minute trade on yesterday; did a bull debit spread at 1260/1265 for a debit of $4...
Rdeyman- So, you're planning to buy straddles if the put/call premiums are around .05 ATM? You're thinking that triple-witching could bring...
It actually leaves me flat w/ maybe a small loss; that's fine-- I just think there's too much risk w/ the FOMC meeting tomorrow and the market...
I closed out my 1285/1295 call spread today for .35. I'd probably be safe holding to expiration, but I don't have the stomach for the post FOMC...
I also tried to get out at .5 (1285/1295) but never got filled. :( I'm hoping that 1270 is indeed a strong resistance. I'm glad that the...
Very interesting stuff. As a trading approach for call spreads, I wonder if it makes sense to double and roll up within the ucrrent month as much...
We just went below 1253 on the SPX :D Coach, 1250 adn Jessica Alba might not be too far away; ;)
That's what I'm thinking/hoping. The SPX just touched 1259, btw. :D But, as coach says, we have 3 weeks left. What in your opinion (i'm...
Rdeyman- Thanks for putting this together-- I was also thinking about dooing something like this. This is great. I'm feeling a little better...
Do you guys think its signifcant that the SPX tested 1270 today, but closed at 1265? For the past several days its been nothing up, up, up and...
If you had a position that was less than 15 points to being ITM on the day before expiration, and closing it out to avoid SEt would mean taking a...
Thanks for your thoughts. I should've been more clear. I meant that I like to keep my initial margin req to about $20k, but I have up to $160k of...
Coach (and anyone else who feels like responding). I want to run this analysis by you to see if I'm missing something: My current SPX position...
So, a while back I foolishly opened a bear call spread on the SPX w/ 1265 as the short strike. I have plenty of margin left, so there's many...
Looks like its starting to reverse...:p
Coach-- how much stock do you put in Technical Analysis? My take is that it probably works when there's no big news. But big news is going to...
This brings up a question in my mind...does it make sense as a general strategy to buy a farther month expiration, and then get out way before...
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