Recent content by ChrisDouthit

"don't mean nothing" mean something. So not sure what you're trying to say...

There's resistance at the 2800 level and the Fed is just about out of bullets, so good luck with that matter what strike price you have.

Yep, having no number at all is far worse than having a bad number.

What strike price?

The old model looks better.

Selling is for anyone who wants to make money, buyers are the ones that lose. Just do it smart.

That is not how you trade options, you might win a couple of those and take your kicking ass, then suddenly things don't work out and you lose way more than all the ones you've won. If you're going to be selling premium, I highly recommend you do a spread, then at least there's a limit to the...

Not a big fan of gin.

Nice work!

What you mean? If you're investing there is always risk. Volatility is about taking on risk, the more risk you take on the more you get paid. If you want to trade volatility with minimal risk, you would have to trade stocks that hardly ever moved. Of course, this would mean you'd hardly get paid...

You sold naked puts in Tesla? I hope you got a fat premium for that because that's super risky.

Here's an interesting story I came across today, this is real or fake news? https://www.dailymail.co.uk/news/article-8115879/COVID-19-Australian-researchers-CURE-coronavirus.html

Was the etiquette for posting a trade? I got several I can post over the last month. Course I've taken some significant losses too. But every day the markets up been buying QQQ puts and selling them the next day. Did it again today.

Delta cannot be greater than 1.00, which means a 100% guarantee of finishing in the money. A delta of .51 means the option has a 51% chance to finish in the money.