My butterfly/calendar/straddle option trades

Discussion in 'Options' started by johnshepherd59, Jun 22, 2012.

  1. if you are not patient and have room in your account to take some heat; and/or trade proper position size to your account size... just give your money to charity. Less painful.
     
    #21     Jul 2, 2012
  2. Well imho i have enough capital to take some heat. My main problem has always been patience. For example I bought the fb 2014 leap when it was at 25. Unfortunately i sold it too soon at 27 or so. Even if i had 10 times what i have right now i would still be jittery. It seems to be my nature.
     
    #22     Jul 2, 2012
  3. Now I am fine with my spx fly as i will lose only 200 if i am wrong. I am thinking of selling a 30/32/33 facebook skip strike fly tomorrow.I need to do more analysis here. I havent looked at what they go at yet. Seems like this strategy suits me as I get jittery when i lose money. The spx deal is very good.
     
    #23     Jul 2, 2012
  4. AMZN is a good one to trade. Gets pinned a lot
     
    #24     Jul 2, 2012