Recent content by scoobie27

I thought I had your trades worked out but now Im not so sure.:confused::) Sounds like the reason for your big loss in Sep was the ol' "holding too long" problem. Something that did not need to happen and the same with me. You must have been very stressed having to click the "close all...

Hello Guru, are you saying you lost money during September? I am very surprised, because in my previous post, I said that I thought you had already found the holy grail. I believe you made around $100k during the Feb Mar crash? So that's a holy grail scenario right there. September is a mere...

Thanks for your response. If i understand correctly, it sounds like you are trying to be more profitable in bull markets. And your bearish strategies/combos were weakened, resulting in your recent losses in September. Your defensive strategies were not as defensive so to speak. So if you don't...

If I may ask, so my question is why are you still looking for a holy grail when i thought you had already found it? Or at least something very robust and close to it. Trades that made you over 100k in SPX options in an 80 vix crash is sort of the holy grail no?

Hi Guru, i am surprised you are still looking for the holy grail because I thought you had already found it. If i remember correctly, during the crash in February/March, when VIX exceeded 80, you made something like over 100k while everyone else was losing money including me. That is a good...

Sorry Rob, did not mean to hijack your thread.

In 2018 with VIX at 34 a narrower spread than this with more days to expiry still made money

Any other day this would be a nice very safe hedge for short options or credit spreads

BOT 1 2820PUT SOLD 2 2720PUT expiring Monday. ES is at 2900 and it is still losing money. Normally would get good change closing this but not now. Had to take a loss. VIX is too high.

Even my super wide ratio spreads with 2 days to expiry is not working in this environment.

What FDIC? Its somekind of government insurance right? Sorry for these dumb questions but im from Australia and im not familiar with US banking rules. I was actually comtemplating closing my positions and wiring my money out back to my Aussie bank account today!! Im worried because...

I have an account with IB and they put my trading funds in a Citibank account. With all these banks going under, is my funds at risk if Citi goes under as well? Is anyone out there worried about their funds with Citi?

Great thread JW, will you continue with this strategy and now open a new June or July straddle? Especially with VIX now so low?

:D one of the best i've seen here :D