Recent content by rmarvin001

www.crimsonmind.com. The site has historical option chains dating back a few months. It is free with registration.

I find it funny and interesting that April 15 has the greatest probability of an up day (over 82%).

In an earlier post, I posted the WWLW scenario using 25,50, or100. I have reattached below. Bet 1: $25 you win Balance = $125 Bet 2: $50 you win Balance = $175 Bet 3: $25 you lose Balance = $150 Bet 4: $50 you lose Balance = $100 Bet 5: $100 you win Balance = $200

At each flip, the individual must be aware of the required payout ($100 profit) and the capital required to achieve that payout for any future pattern. Here the pattern is limited to 5 flips, of which 3 must be heads (60% heads win rate).

the key is to bet in increments of $25 (25,50,100) and always ensure that for any future occurence of h/t you have the capital to double your capital if heads hits 3/5

Interesting teaser. I believe tha answer is as follows: Bet 1: $25 Win = $125 Loss = $75 Bet 2: $25 Win = $150 Loss = $50 Bet 3: $50 Win = $200 Loss = $0 (Note that there are only 2 additional flips and if you have lost all three there woul d be zero chance of success. This is...

Thanks for the replys. I knew there was something I was missing (actually alot). It seems if you were to only hold for a week or two, through an earnings release where the IV would theoretically drop rather steeply, you would be in a position to realize limited loss. One point I failed to...

I have been trading options for the last two years and have recently started employing a reverse diagonal spread strategy in sim mode. In my virtual trading, I have been quite successful and am thinking of employing it live. What are the drawbacks of this strategy. An example for all to...