Search results

  1. OTM-Options

    Is there a way to put a "Ignore" or "Block" Trolls from our Posts?

    RabidTrader has the same posting style as JesseJamesFinn. :)
  2. OTM-Options

    Removal of online numbers

    This is the current tally: Total: 234 (members: 42, guests: 159, robots: 33) Still very active ...... I find that replies can be within 10. :)
  3. OTM-Options

    How to harvest 60% success right direction on SPY?

    You could try a Butterfly Sell 2 weekly options with a strike at your target for SPY. (body) Buy 1 weekly option a couple of strikes above. (wing) Buy 1 weekly option a couple of strikes below. (wing) This will be a debit position to open. Calls or Puts. Maximum profit will be at expiry if...
  4. OTM-Options

    Mitigate Risk - iron condor

    It's all about how far apart the strikes are. Try some Iron Condors with a $5.00 spread and $2.00 premium - maximum loss is only $3.00. Checkout oldnemesis's posts in the option forum for some ideas. Tweak his OTM $0.50 Credit Spreads into $2.00 Iron Condors buy moving the strikes closer to the...
  5. OTM-Options

    Mitigate Risk - iron condor

    Reality: Most option traders do not have the funds to buy/sell the stock that their option positions cover. It's called leverage. Solution: Exit before expiry if ITM or ATM. :)
  6. OTM-Options

    Mitigate Risk - iron condor

    I wouldn't cover - because the next day you might be back in the green. :)
  7. OTM-Options

    Mitigate Risk - iron condor

    jonny1lot ........ that makes no sense at all. Once "XYZ" hits $115 the maximum loss has been reached - unrealized. There is no need to panic and micro-manage the position. Best thing to do is wait to expiry and maybe the underlying moves back down. The long legs provide the hedge and mitigate...
  8. OTM-Options

    NFLX earnings - The fun begins October 14

    NFLX up 6%. Those sort of pre-earnings moves always through me off balance and sometimes will prevent me from entering a trade. I prefer the stock to trade relatively flat ( plus/minus 2%) in the week leading up to earnings. Lets see what happens on Monday and Tuesday. :)
  9. OTM-Options

    Is there a way to put a "Ignore" or "Block" Trolls from our Posts?

    How about providing links to these "problem" posts? Let us judge them ourselves. :)
  10. OTM-Options

    Mitigate Risk - iron condor

    OK ... Thanks. I just checked my brokers drop down menu for options and this is what they got: Buy to open Buy to close Sell to open Sell to close This and that Home run I will have to try "This and that" sometime. :)
  11. OTM-Options

    Mitigate Risk - iron condor

    Same with me, I prefer long weekly OTM option trades risking the entire debit paid - about $100.00. You can't get a better risk:reward ratio. Which strategy do you use? :)
  12. OTM-Options

    Let's talk about Microsoft

    That could be MSFT mission statement for the last 20 years. IMO ...... MSFT would be a good long OTM call option position for earnings on October 22. I might post a live trade in my NFLX earnings - The fun begins October 1 thread. :)
  13. OTM-Options

    NFLX earnings - The fun begins October 14

    Long weekly OTM options is the least riskiest option position. Long weekly OTM options has the best risk:reward ratio. "High IV" has little impact on the profit/loss. Earnings is an exciting time to be long options. :)
  14. OTM-Options

    NFLX earnings - The fun begins October 14

    I don't get it. Yes ......... I also think the uptrend will continue. I have my eye on GOOGL, they are only $40.00 from their all-time high - I expect them to surpass $713.00 after earnings. :)
  15. OTM-Options

    NFLX earnings - The fun begins October 14

    NFLX earnings - The fun begins October 14 NFLX earnings are October 14. I believe they are the first of the "tech titans" to report, then the following two weeks for the rest of them. AAPL MSFT GOOGL AMZN PCLN FB TSLA Get your option chains out and start planning your trades. I'm on...
  16. OTM-Options

    Did Anyone Guess YUM Would Blow Up? Its down $20 points now!

    Volatility dies down very quickly - within days if YUM trades relatively flat. These earnings will have no affect on the options for next earnings. :)
  17. OTM-Options

    Is it better to get a 15 year mortgage or a 30 year mortgage (fixed rate) and pay it early?

    Not for the last 20 years the 1-year terms have been foolish. Mortgage rates have been in decline for 20 years. :)
  18. OTM-Options

    Is it better to get a 15 year mortgage or a 30 year mortgage (fixed rate) and pay it early?

    You have the amortization and term mixed up. A mortgage with a 15 or 30 year amortization and a 1-year term locks in the borrower for only 1 year. The borrower is then free to renew under his terms: Pay it off - no penalties. Change lenders - no penalties. Change the amortization period...
  19. OTM-Options

    Is it better to get a 15 year mortgage or a 30 year mortgage (fixed rate) and pay it early?

    15 years or 30 years is the amortization, correct? The common choices for the term would be 1,2,3,4 or 5 years - to be renewed when it expires. I would go with a 30 year amortization and a 1 year term. :)
  20. OTM-Options

    I know nothing about Spreads, how did this YUM Trade make money?

    Yes ........ Most trades lose. But a small handful make it worthwhile. :)
Back
Top