Isn’t this kind of backwards? Shouldn’t your risk tolerance and market conditions dictate how much premium you can extract? That, in turn, will dictate your returns.
Theta is a measure if risk and I have metrics in place to ensure that I don't go over those thresholds in conjunction with buying power usage limits based on VIX.
I had four trades today. Total booked profits for the week are $497.51 with a net liquidation value of $52,519. Happy trading, all!
Yeah, it's been a big move in IWM. I have a diagonal put spread in there. My short put is hurting a good bit this week. If I close it Friday around the current price I'm going to have a short term loss of around $1,200. I will roll the short put out on Friday for a credit to give it more time.
It was a wild day in the market. I had 3 trades today. Current net liq is $52,939.59. I have $623.74 in booked profits this week. I expect that number to go down significantly tomorrow as I will be rolling some losing trades out in time. I am currently on track for a 29.94% return this year. Here are my current portfolio stats: Happy Trading, all! Sweet B
lol $700 booked and thousands in unrealized losses that he will roll indefinitely and ignore on this thread. Scamma time.
How awesome to know that Poopy Dess commented on my post, but I can't see that he posted because I have him blocked. Easiest $1,000 I ever made was off that fool! Some of you still worship his vague self, even though he speaks on terms so that you can't tell what he's saying! He's a dick for sure!
lol you can't even get that right... I have you blocked. You cannot block a nick that blocked you. I think they need to add more rubber to your room, piker. Don't forget your meds and you have electroshock Friday!