Recent content by Andy_Trade

Yeah, now that I know what it means I see that I read your post from the "options mentoring" thread in the wrong context. I think I'll stick to my calendar spreads in the simulator until I really get the hang of it. I hate having to determine the direction of something and would prefer to...

I saw someone in another post mention selling cheap gamma to generate income. Does anyone know what this is all about, or any other good, consistent "income generating" strategies to use? thanks

Are there any good free tools out there that can show me what volatility percentiles options are in? Thanks

Nope. I understand reward risk ratio but I'm not sure about this "high probability" stuff that I hear people talk about. What good is a 3:1 reward/risk ratio if the win/loss is 1:5?

Can someone please translate this into English? Thanks

huh? :confused:

Well why am I seeing people talk about "high probability trades" and such? What is this all about?

What is the proper way to calculate the probability of a trade being profitable in the end? Thanks

Hi Hi Hi there, Calendar spreads look quite attractive, as I know my potential from the get go and as long as things don't jump around too much (which is the case for certain stocks more often than not) I'll be okay. Ive tried some straddles, strangles etc. even trying delta neutral...

Any thoughts on this? I've tried a bunch of them using the TOS simulator. MA made about a 20% move on earnings day and was about $2,000 profitable. Others had lost a hundred, gained a hundred and anywhere in between. I tried the same strategies again a week later with a few more and lost...