What strategies do you guys use?

Discussion in 'Options' started by klurby, Jul 1, 2011.

  1. HotTip

    HotTip

    My absolute favorite strategy, which has banked me money without fail every single trading day for the past nine years and which has enabled me to live the life I've always dreamed of is....(cough)....is.....(gasp)....ack......ugh......argh.....(cough)(cough).....aaahhhhhhh............(gasp)......................
     
    #151     Jul 14, 2011
  2. offsetting verticals could be interesting from a limited risk perspective, no?
     
    #152     Jul 14, 2011
  3. Sure, inter-market.
     
    #153     Jul 14, 2011
  4. That would be the first instance ever of the term heterosis being applied to humans. Congrats.:D :p
     
    #154     Jul 14, 2011
  5. Except for the 121,000 references in Google. :D
     
    #155     Jul 14, 2011
  6. Betapeg

    Betapeg

    Ha! It happened. I took a 5x loss on corn. You guys were right. Dangerous indeed. Kind of looks like a Taleb distribution of returns, doesn't it?

    So how does this Liberty Trading Group do it so well? They wrote a book called The Complete Guide to Option Selling where they detail this far OTM futures options strategy.
     
    #156     Jul 22, 2011
  7. Maybe you should ask your mentors.
     
    #157     Jul 22, 2011
  8. #158     Jul 22, 2011
  9. cloudy

    cloudy

    betapeg, did you check out their free newsletter? maybe having some price action technical analysis on the daily or weekly chart could help. maybe do some backtesting on Think "ondemand" backtesting.

    Like selling options on equities , hardest part is when to exit preserving profit, or when to exit to minimize a losing position.
     
    #159     Jul 22, 2011
  10. Betapeg

    Betapeg

    Are you this much of an asshole in real life?
     
    #160     Jul 22, 2011