Recent content by jwdoucet

Eliot, do you trade a lot of calendars? I trade a lot of iron condors but I am looking at doing just straight call/put verticals or calendars for awhile. I've done a lot of verticals but no calendars. I like iron condors but not the fact that i have commissions on four legs going in.

I sort of get the picture here. However, the synthetic put stuff goes right over my head so I will be doing research on that tonight.

See the problem I have with the whole thing is that the options don't appear to decay like the ones on normal equities. Therefore, I could by an option now and it looks to me like 3 weeks from now, the option could still be pretty pricey if not more expensive. I'm actually trying to figure out...

If I go long a Condor on NDX and receive a credit, do I want to wait until the opening print? If the NDX closes the night before at $1589, how do you know where it will be on the opening print the next day? It seems to me that I could be wiped out completely the next day with a surprise...

I have been trading on a daily basis on the NDX but my success seems to be stunted lately. I would like to place longer trades like 2 to 3 weeks out. I have been reading your posts but am still a little confused on something. I know that the opening print on the day after the indices stop...