optionmonster is not a brokerage, it's options service. Trademoster is a brokerage associated with it. optionmonster makes money from...
The Najarian brothers have an options service called optionMonster. Take a look at their website. It's full of bragging but guess what? No track...
There is a HUGE difference between monthly and weekly trades. With weeklies, you start with strikes relatively close to the current price...
Risk/reward is not the problem. By doing bad risk/reward you increase your probability of success. By improving the risk/reward you decrease the...
This is UNBELIEVABLE. So basically they had 1925/1930 put spread, and they let SPX to go 5 points below the LONG leg, with less than 5 hours to...
So.. did they send an exit alert? The trade is currently down 65%, and has a REAL chance to lose 100% if SPX goes down just another point.
This is exactly what I was talking about. And if SPX goes down another 10 points tomorrow, they will be looking at ~$9,000 loss. That would erase...
It is too close for me. It doesn't mean it cannot work - in fact, many times it will. But when it doesn't, the loss can be brutal. Those are...
All spread strategies (calendars, butterflies, etc.) are RELATIVELY low risk if opened not close to expiration.
Well, low risk is a relative term. Doing the same credit spread 5-7 weeks before expiration is definitely lower risk. You at least can manage...
It won't change the loss too much. If you get 0.20-0.25 credit per side on $5 trade, and have to close one of the sides at 1.50-2.00 debit, extra...
Look at the earlier losses: 4 big losses (25-35%) in 2013, 60% in 2012, 95% in 2011 and 75% in 2010. If the markets gaps, your short leg can go...
Not all spreads created equal. If you trade weekly spreads, they are fairly risky because they are so close to expiration and a big move can...
Actually after the first 500 contracts, there were another 900 contracts on the 30 strike and another 700 contracts on 30.5 and 31 strike. The...
Anyone who is presenting selling weekly credit spreads as a low risk strategy is seriously misleading you.
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