Hi Ironchef, you are absoulately right about trend/direction,I think oil will go up more, but not right away, that is why I don't want any long...
I now prefer the longer DITM LEAPS with a Delta above 90 that way Theta is not much of a factor. OTM leaps have worked well for me also but I...
I am mostly in cash except for 2018 long calls, hoping for a pullback soon as I would like to buy a large block of BP or RDS/A, before X-day ,...
Hi Danjuma, I like your cautious statement re selling options. Since oil hit bottom in Jan/Feb this year I have been buying both OTM & ITM...
Put more money on the system that is producing close to 100%. Nothing cures impatience like some good losses. Been there done that. Stadtmuller...
OOPS--BP closed Fri @ $35.92. Stadtmuller
Mainly long call options, but just with the major oil companies. When I have a good gain I sell & wait for another buy opportunity. If i bought...
I started buying long calls in Feb this year in RDS/A & BP about $5.00 OTM , so far every one of them has been profitable, I continue to sell them...
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