Yeah i was planning on going a couple of months out. I thought more about it and I will take a direction.
I'm actually bullish gold.....I know what you mean those out of the money options can catch up.
I may write a june 1625 call in gold and also write a june 890 put in gold.
Then...
I don't know....I think it's a pretty good idea.
Right now I trade on 30k commodity account and I want to just add some income as I trade....to help add against the stops
I think this might work. I've looked at all different option strategies and they all seem the same.
I'll give it...
You would have to have huge volatility to get stopped out of this trade.
I use a doubling effect when I write a naked call. I don't like to write naked calls close to the money but far out. This gives me enough cushion to not get burned.
For the gold 1625 call to double it would have to...
I've been looking at ways to add income to my commodity account.
I've looked at different spread strategies and they all seem the same.
I looked at writing naked calls also. I think I came up with a pretty good idea. let me know what you think.
The dollar and gold are inversely...
I was wondering if anyone is using calendar spreads and could give some advice.
I'm looking for low risk ways to add income. If anyone could recommend a good book on calendar spreads that would be great.
Thanks
How do you even know this guy is a decent trader. How does he manage risk. That's the most important question. Who cares if he was up for 2 years that doesn't mean anything
What do you guys think is the best option trade to add income....butterfly, straddle etc..
I'm just looking for ways to add income to my account....just looking for ideas.
It's not really a strategy. I was just looking to add relatively low risk income to my commodity account. I know those two markets are inversely related and was just seeing if anyone had strategies to trade them....straddles or spreads.
Maybe use one to hedge the other positon....just...
Hi I was looking to trade options in inversely related commodity markets.
For example the dollar and gold. Does anyone use this method? Could anyone make any good recommendations?
I was looking to possibly write naked options
Thanks
Hi I was looking into writing naked call options in inversely related commodity markets.
For example the dollar and gold. Does anyone use this method? Could anyone make any good recommendations?
Thanks