Search results

11/9 - opened SPX Dec 1165/1175 put spread: credit .95 ------------------------------------------------------------------- still open Nov. xeo 1135/1140: credit .90 closed Nov. xeo 1165/1170...

In the few trades I have done, I have found that: 1) initiating an IC does help cushion any adjustment needed if the index moves towards any of the short strikes. 2) starting out delta neutral seems to work as I tend to close when the spread doubles (so I break even). Unless there are...

Thanks, Coach. I'll pass on the 570/575.

Thanks Momoney. Looking at probability and amount to expect from a spread is interesting. (Before, I just looked at support/resistence and kept the delta of the sold option (<.15)) Do you ever see prices where you can get a fair amount based on probability? i.e 1.1 for 22% probability on...

coach (or anyone), what do you see as resistance on XEO? 565 - ?????? would a 570/575 spread be too close for Nov.? Thanks,

Coach, If you had the xeo 565/570 bear call spread, would you roll now to the 570/575 close 565/570 wait till Monday (more time decay to roll)? Thanks

Well said, Donna

Coach, How does one use the volatility analysis charts in TOS? If you are looking to buy OTM Dec. xeo calls, would one pick the strike(s) at the lowest volatility level? (between 580 and 590). Thanks

This time I put on 1/2 the number of call spreads as put spreads. (unbalanced iron condor). 1 call spread for every 2 put spreads. (Unlike Donna who has 1/2 of the call spread open - good idea also). If the market moves up: I will buy an unbalanced butterfly to roll up, thus selling twice...

For Nov. I have the following: xeo 540/535 P ------ .90 credit 565/570 C ------ .90 credit The 565 short has a probability of .20. That's more than 1 standard deviation away. Not sure if its far enough OTM. Question: What strikes up do you'll see resistance in xeo? 565 575...

Thanks coach for sharing this strategy. Just posting results for Oct. as you requested. xeo iron condor established on different dates. 565/575 C : .90credit 545/535 P : .50 credit Rolled down to 540/530 using a condor for .90 debit 545 B 540 S 535 S 530 B Return for...