....bull put credit spread....gmcr $48.73, options pricing in $7.62 move.... .....wkly exp may 4, 39/41put, $41 cr, possible 26% return....
Your method of over/under value determination is more sophisticated than many of the market making companies out there. I particularly like the concept of watching var ranges. We do this in many different ways to watch outright vols, expiry vols, calendars, as well as skews...
That particular post of atticus' was so over my head I didn't even know what to ask... I'm guessing atticus' approach is more like that of a market maker as opposed to a retail trader? ...
The market showed topping signs in late March, I started following and trading AAPL short term positions dropped my account from $10000 to $8100. Took out about $6800 from account for family emergency (mom has cancer). Haven't traded since early April, and just logged back on today. I have $1,224.81 remaining after visiting my family out west. Guess, today's a fine day to return if not yesterday. I'm still jet lagged (in terms of earning trading)....so I'm still catching up. I can see that healthcare has been down, some cloud stocks are solid, restaurants are mixed as usual, the AAPL economy was strong CRUS busted out. I just got the list for this week.....I'm looking at V and WFM for calls and EL for puts. Not in any positions yet.....and WOW, the thread is overblown, feels like so many different threads put into one. By the way, seems like I missed out on 100 pages.
His method seems like a good approach to organize vol skew in a way that makes it easier to eyeball the data and price vol. It must be easier to do using IB. With TOS I find it hard to pull prices/vols for customized positions in one shot (of course with a floating ATM middle strike day to day).
had a few extra bucks laying around and decided to mess around with some options. Im really just an equities trader but im looking to switch things up a bit Anyone have preference of trading index options over equity options??
I'd make sure you have a solid understanding of options before you start messing around with them. If not, your money will disappear pretty fast.
im not going into it blind but im no where close to where i am on the equities side. Takes money to make money right. im not going to dive in head first and go nuts but rather test a few strategies do some hedging things like that.