Recent content by Eddiefl

Sounds good, right around the corner. EF

you need more than 5k to sell profitably. btw, dont sell,, or sell very small. the real money is in directional. EF

Let me know when you guys get set up with the office. i would like to come down and check it out. I am in south florida often. ef

HEy there. I am in tampa. Any chance of you having an office up here. PM if you want for details. EF

NG,, i didnt see it play out higher, didnt pull the trigger. It has actually dropped. No play for me. reading and watching. EF

You making a play for the end of the quarter window dressing. Possible bullishness into the close, going into tomorrow?. EF

Excellent man,, damn, you sound like a text book in a good way. i picked up on almost everything you said. I got a tony saliba book , the chpt on butterflys and condors basically says what you are saying. Keep up the good work and thanks for answering my question. have an excellent...

Thanks RR. i am reading the thread on "pitchforks" now. I think i am starting to notice the same thing you mentioned above. The more complex it is, not necessarily more useful. Have an excellent weekend,,, EF

noregrets, i notice you use the iron butterfly on lots of your trades. Is there a specific reason you choose this over broken wing or condors. Do you find the i-b, easier to adjust etc?? thanks ED

Richard, Hope trading is going well. A quick question for you, since it is very obvious you have much much more knowledge than myself. Whats your take on these "put backspreads", I am papertrading two now, they seem worthwhile to pursue.... do you have a take on them.?? All appreciated...

Subscribed. Keep up the great journal, paper trading along with you.

NOregrets, can you expand on why hedging credit spreads is usually not a good idea. What would you hedge with??, Just curious, been getting more into options and looking to absorb more info. thanks ef

Excellent, thanks for the reply RR. I am learning and watching. trading live and small i think its the best way to get my skill level to rise. EF

How are our ET option sellers looking into this first full week of august,,?? Selling calls know that we are under 1700 sp500,??, I sold calls this week, next week and third week out. trying something new. Staggered strike prices above 1 and 2 std levels away. EF

I tell them i get paid and laid.. That usually moves the conversation along.