Recent content by dentist2725

Does anyone want to share opinions of what stocks they expect to fall further in the next 3 months? I made some money buying puts on CCL and then selling them but at this point I don't have confidence it will fall further.

Yes. I agree. I like doing this when the VIX is high. It requires a belief that the VIX will remain high for a while.

What do people think of buying puts in this environment? Aren't wild swings upward not a return of a bull market but more of an indicator of a bear market? After a particularly strong move upward for a day or two, I have been buying ATM puts 60-90 days out to reduce the effects of time decay...

I don't understand your post. I think credit call spreads are good right now. Covered calls are good and naked calls as well (if you can stand the risk).

Selling naked calls seems very risky but I like selling puts, just not in this market. I am curious about your strategy of selling naked calls. When have you done that? Also, do you ever buy options?

I understand what you are saying but disagree. Like I said, spreads are not for everyone. No one knows where the market will go on any given day or any relative short period and five or ten contracts on a credit put spread on the SPY, for example, is far less risky than selling the same number...

I respect what you have to say but don't understand why you do not like spreads. They are a way to reduce risk, as you know, by capping your loss. I like credit spreads (both puts and calls) on the SPY depending on how the market is doing. I like them just a few days out and aim for a small...

I am an options trader with moderate experience, far less than many on here. I have both bought and sold options and, of course, have experienced both wins and losses with these strategies. I have not backtested anything but I have to say that I believe that selling premium is the better way to...

Maybe I did not make myself clear. I sell put options usually using only a portion of the account. Good money management is important. I prefer to sell options because of the premium collected and time decay is in your favor. If it goes against me as I stated, I make a decision to either roll it...

That's why I prefer to sell options. You collect a premium and get the benefit of time decay. If it goes against me, I can either roll it or accept assignment, sell a covered call and a new put, thereby creating a strangle. I agree with what others say about having a trading plan.

I am interested in both. Can anyone recommended a good website, course, newsletter that uses both for swing trading? Thanks for any advice.

I believe it is run by two guys named Yaniv and Ran. Has anyone used their service or another one that they would recommend to a novice investor? I am interested in trading stocks and options.

I am a not so experienced investor and saw that G6 Trading had some good reviews. I am looking for education and help with developing a good trading system. Has anyone had any recent success with them or any opinions about their service? Thanks.