Is there not an oppurtunity to profit on the put if NITE drops? As mentioned by momoney, the Oct 17.50 covered call (CC) is...
Got it. I really appreciate the feedback.
Very insightfull, thank you. That makes complete sense. So it is better to just do the naked put since it requires less margin. I think I am...
Is it not easier to adjust a covered write that is going against you than a naked put? With a covered write, I have the option to roll down, or...
Good point, is there a better adjustment that could be made short of closing out the position for a loss if the short strike is violated? The...
Just bought a put to lock in gains from a covered write on NITE. Originally bough NITE at 17.50 and sold a Oct 17.50 call for 1.15. Just bought...
Starting a journal of my trades with the main goal of getting advice and comments so I can learn to be a more profitable and less risky trader. I...
What is easier to adjust? A ratio write--long stock, short two calls; a ratio call spread; or a ratio put spread? It seems that with the puts...
Thanks for the info. Just trying to find my way through this crazy options world:)
I was wondering if a straddle or strangle can become profitable before it hits the upper or lower BE points if the move happens quick enough...
Wow, I just learned a lot by searching it and found a great article on optionetics. Thanks guys. That clears it up and makes it much simpler...
Forgive my ignorance but I am new to the options game. I've been looking at this strategy and comparing it to an ATM straddle. Short 100...
I'm new to options so forgive me for my ignorance. I'm here to learn. I see a lot of negative posts about covered calls vs. credit spreads. I...
When I started trading stocks around the beginning of the year, I too lost money. About $1000 down on an initial $4000 account. Not good. But...
So it seems that a spread with so little time to exp has no room for error, whereas with one 30 days out, there is time for adjustments, or...
What about a one week to exp Iron Condor on CME. I put on a virtual trade (very new at this stuff). Opened the JUL 430/420 put for .30 credit...
Wow, I started reading the 1400 pages of posts to the SPX trader. Great info. Thanks for pointing me in that direction. Start off by...
I've been looking at one week to expiration credit spreads on high priced stocks and indexes. GOOG has some good 5-7% deep OTM spreads and even...
Anyone ever go through the Spread Trade Systems education? I am looking into it and they seem like a notch above the rest, but with all the scams...
Separate names with a comma.