Recent content by therealjones

So I'd like to begin a strategy selling spy weeklies, is there any rule of thumb on when to enter weekly trades? Such as the Friday before or the Monday before expiration? I placed some in spy Friday, using 80% otm, I've heard many people say they only hold for a few days! takes more risk off...

Well, I think I am starting to see how I need to trade. Yesterday I sold a few spreads in SPY, one with a 70% OTM one with 85%, even though one was risk 80 to make 20 and the other risk 87 to make 13, both expired worthless and the math worked in my favor. Usually I would have done a 50% risking...

For the past 3 weeks I've had 4 days a week thats been -$30, and then maybe one +50, so just to start seeing some green being posted would be a good start, I have the following trades Bull put spread in AMAT sold the 21 bought the 20 because of high IV a month ago, expires in 15 days and is a...

I haven't bought premium, just been selling it. So I could do something like sell todays SPX, a vertical, Buy the 1870 Sell the 1875, would only collect .46 but its 88%OTM. Next weeks MAY 9, doing a 90% OTM spread would collect .50cents If I do an iron Condor with both sides being 90% OTM...

I know that I'll lose, but so far I've been trying to do trades that use $100 in buying power at a time, doing a lot of them, following tasty trades "number of occurrences" the problem is that "forgetting about the losers" has caused some huge losers and "managing winners at 50%" hasn't...

Hey everyone, I've having a rough start so far with options trading, learned about it from tasty trade and so far I've lost about $250. I have an 11k account and am looking for some trade ideas and direction. I can't sell naked options, so iron condors and verticals are what I pretty much...