Recent content by Hunnusunnu

This is awesome. I am curious to learn how to hedge properly. Please expand on your example hedging technique with ES. Please go through the P&L in each position slowly so that nobody is left behind here. 1. equity P&L: ? 2. futures P&L: ? 3. net P&L: ? - Are you implying that you would not...

hey man if you remember me I too had a very strong belief in the iron butterfly and iron condor systems. I was very happy to find your system and thought I found the holy grail. I tried selling Iron Butterfly on SPY index with real money, believing that the risk was limited to only 1 dollars -...

when you say you tried option spreads, are you talking about selling spreads or buying spreads? are you talking about single spreads or combination spreads like iron butterfly and condor which can be non-directional, actually. from your post it seems like you are bought them and lost money...

C Can you please quantify these maybe with examples numbers? I also believe in flies but I have a really hard time choosing which strikes to get into. This is challenging because I don't know what to pay for them and what to get from them.

What is your nondirectional strategy? Do you do iron fly or iron condor or calendar spread or just a single call put spreads? Most importantly how far and how wide do you enter the options? I am interested in nondirectional strategy but I have a hard time deciding on which strikes to trade.

Inspirational. Fantastic. Congratulations on your success .

absolutely i appreciate drcha for sharing. drcha showed that it is possible to profit from options. this is inspirational for many guys like me who are just starting with options. before this discussion i did not know what to expect from options trading. good luck on your trading venture.

I want to believe that the truth is close within my reach hopefully on this forum. This is my vision. This is the vision of everyone on this forum with a PHD. Poor hungry and driven. Now let's talk strategy. Let's get back to explaining defending strategy.

I want to believe you but I don't believe you. How do your neutral trades lead to this much return?

You seem to have a distinct strategy. Can you please elaborate on "sell vertical spreads on stocks you like" ? You are selling 5-10 spreads on average. What is your average selling price? When do you enter the trade? Timing is important. Also Why ATM? Why not OTM?

Simple. Size does not reduce risk. Hedging does. Small size is supposed to save you from blowing up. But in reality small size only delays that risk of blowing up. So it never actually gets rid of that risk. It only cuts that risk into small pieces. And those lots of small risks are still...

Thanks for the answers. I am inspired. Darcymac you have an amazing record. I wish I could produce the same. Sweet Bobby. What happened to you?

thats bull. youre not a newb. if you were a newb, you wouldnot have made suggestions. you dont like to share much do you. secrecy is not what this forum is made for.

We need to verify result of this trade being discussed. By the way if you have a better trade idea you can suggest .

If we could only audit the actual trade result