Recent content by Kpetrey

I'm a bit new at this but would like to buy some VXX currently at 13.90, thinking the market is going down in the next 2 weeks. Would I buy the July or Aug 14 or 15 or is there a better route I should take. Thank you

Do you'll see the SP going to 1240 in the next 2 weeks, without a pull back? Thank you

Thank you for the replies. I'm a newbie and obviously papertrading. If I would had put the IC on correctly , would my (1100) loss , at that point, be a $1100 gain?

Did I put on the 1 st Iron Condor incorrectly? I think the -$1100 in P/L open ,should be a positive $1100. The 2nd and 3 rd ICs are correct. Thank you

Thanks. I know I'm not ready to leg in, but just like to understand the basics and what one looks for when legging in?

Thanks for the replies. Can someone explain what to look for and how one would "leg in" to an IC as opposed to putting the whole IC on at once? Dagnyt For example this is one of my IC's ( PL/Open , PL/day)...

I'm fairly new to trading IC'S and have a few questions. 1 - If I have $300 - 400 dollars left in the premium and my strikes are far from being hit, do you recommend I still buy back the IC's right before expiration week? (I'm trading the RUT ans SPX). When would you take the full premium...

Grinder, What do you do to evaluate and keep an eye on the multiply IC's you put im the same month and same indice, for example SPX. I have a few IC's on SPX in the same month using TOS and can't fiqure when I need to adjust because the IC's are mixed together? Thank you

I went to a couple Dan Sheridan Seminars . This is basically his strategy. You can go to CBOE.com and watch hrs. of his webinars. What are your rules for IC's ? thanks

Now before you'll go tearing into me, I am fairly new to IC's and am paper trading. I basically follow Dan Sheridans rules for IC's and attended an 8 hr seminar of his 1 month ago. Please feel free to correct , critisize, or add anything , not only for me but for anyone else learning Rules to...

Thanks alot