Recent content by johnmarg

Please read my original post again. I was not telling u or anyone how to trade. I was only giving a stock name with high IV each month as Darp was trading LNG. I was not asking for an education.

There was no need to get snotty in your post to me. I just made an alternative stock choice and not to you. Of course you made a snide comment with no facts to back it up.

I have seen posts like 10% a month many times. NO ONE can do that. And no one who does that would post here asking for a virtual trading room. With 10% a month, who needs to see anyone else's trades if yours are doing so well. I would love to see the trades posted here. Like all the others...

Another stock you may consider is RMBS. High IV every month, more than LNG and maybe less of a price swing and less likely to go out of business or drop to near zero. Just a thought

Thank you Spin Dr and Elite. Good advice. I didnt think there was any difference in the strategies but will have to keep paper trading them.

I have seen 2 different strategies for a straddle when the underlying stock goes up or down a strike. 1. Lawrence McMillan in his book says if it goes up then sell the long put and roll it up a strike. You do the opposite if the stock goes down. You pay a little extra but are assured the...

My guess is that the poster experienced what happens to everyone who thinks they can make money with a system. It didnt work. I havent seen an option system that does work.

Thanks for the explanation. What had me confused was the placement of the month of March before February in your post. I am used to seeing it reversed with the near expiration month posted first. I got it now.

Sean: Could you explain your most recent trade on SPY? It says 114 Mar/Feb for $1.00. I thought a calendar spread was selling near call and buying long term call? Could you let me know the exact prices and dates for the call you sold and bought. I dont see a Feb long call? I am...

Thanks for the help. The Google site looks helpful for my needs.

Does anyone know where I find a list of stocks that are most volitile up or down over a term or 6 months or longer? I would like to test some out for straddle options strategy. Most of the stock filters and list are only for the last 30 days usually in an earnings period. I need a list with...

Dark: what is your plan if AMD falls to 2 in price and you have to buy it at 5 because of the put you sold?

It is not possible to consistently make 1% or even close on covered calls. What do you do if the stock tanks? All you are doing is getting a little downside protection.