Search results

Don't know what an ETF even is? Still to make money buying LONG options alone, either PUTS or CALLS you need to have acceleration. Some call it volatility, but that is right maybe, but misleading. It is the speed of the price change that is important and of course the volatility of premium...

That cash through flow website reads like hypothetical trading? Can't trust that stuff. Besides the guy is losing money most of 2010. Looks like he can only trade the bull market trends? I think you are following a FALSE HOPE by trying to figure out adjustments. I've discarded them...

Stanford IF this is your standard bull trend, I would expect the OEX index to gain 2 or 3 points daily. In the weeklies that means a gain for the week upward of 10 to 15 points. ( multiply by 10 for NDX action ) Therefore my strategy is to wait until Wednesday and see if the index...

Trading Journals Okay it is Monday morning and 40 mins into the action, have put on a paper trade of a SHORT STRADDLE credit spread. Sell the 510 Calls for 4.70 in 1 contract Sell the 510 PUT for 3.60 in 1 contract Gross credit is $8.30 x 100, or $8300. Trying to puzzle what...

Stanford I'm learning something every day. A SHORT (SELLING) is a Credit Spread STRADDLE. This is a credit spread site forum. I think it is appropriate. Nobody else is using it anyway. There is a thingy on here, that lets you see all submissions to all forums and people are simply...

You are right Stanford. My closing the spread near ATM was the maximum expense to me, but you don't really have the space, or width to sell earlier. The normal flutter in the market at stuff that is only 2 strikes out normally doesn't give you room to maneuver. The only thing I learned from...

Got your other contribution printed out and started my selling STRADDLES learning file. ( grin! ) My email is: hillviewhacienda@yahoo.com Presuming you want to send me something? ******************************** I had a friend back in the 1990's who was a multi-...

Trading Journals Ten minutes later. Printed out your blurb which got me interested. Then tried to figure it out. Question: I would probably straddle the index. What is leverage of 2 and how is that done? Not clear to me. Since market goes up or down, I presume you have to clear...

Woweeee! There is enough meat in that bun, for me to get interested. Will follow through and try it. Can you tell me what happens when a sold, gets in-the-money as to market movement and assignment if any complications? Or explain how to get out with a profit and at what level that might...

To; Michael Stanford Michael I think your idea of closing the spread as an adjustment when you reach 150% increase of premium is invented by somebody without practical experience. I'm not sure, because I haven't run the numbers myself. Still my experience with CLOSING THE SPREAD...

To: TRADING JOURNALS I've only dabbled with strangles and straddles, buying them. I never made any money, and do not fully understand them. Thank you for your input I'm not even convinced that I can make any money in them? At least buying, and you talk of SELLING, which I think...

Stanford Yes I live in the foothills of Belize, place called Hillview, on the side of Green Parrot Valley. Retired here. I'm going to be 73 in November. For more info, look up WesternBelizeHappenings blog. **************************** "Hi falconview, are you actually...

If you are a GREEK reader, of the four GREEKS, the THETA is the one that tells you of the time decay value left in your option. Generally speaking, they ( options ) decay slowly and speed up toward the last two weeks of the month. They really start speeding up and reducing the premium in the...

Thank you very much uptickk I am in TOS and still want to paper trade the Emini futures. Knowing how to get it /ES from your advice, I will certainly try it. For the time being it will save me the bother of changing brokers. Righto on the $5 round turn for E mini futures. Wasn't...

I'll copy this over from SPX credit spread trader. Another week. I made $1000 gross on a Wednesday spread and $850 net. I've had two weeks to review weekly OEX credit spread trading. There was an interesting comment from a newbie talking about a 200 point out-the-money credit spread...

Another week. I made $1000 gross on a Wednesday spread and $850 net. I've had two weeks to review weekly OEX credit spread trading. There was an interesting comment from a newbie talking about a 200 point out-the-money credit spread workiing for two years for somebody on the NDX. I...

Maybe I'm typing in the E minis wrong? I've been typing in ES and then click GO! Should I be typing in Ew2, or Ew1, or whatever. I have to look this up in the CME website again. What is your experience in doing this? Save me some legwork here.

Looks like my late Wednesday spread will make money the end of today. About a $1000. I did not get an Iron Condor at noon yesterday. I had gone out to the hammock from my trading room and fell asleep in the pleasant sunshine and so when I came back in, it was AFTER the noon hour and the...

Thank you very much VANV0029 Your comments are intriguing. I confess outside of stocks and OEX options I have no experience. Most of this stuff is entirely new to me and has it's own jargon and technicalities. You just introduced me to something new, the 1 week and 2 week, ES futures...

Thank you very much for coming back CACHE LANDING. The little things are starting to come together. I didn't find futures on TOS? Maybe I'm looking wrong? I type in ES and do get some funny looking option strikes. Starting at .25 and going up to 5.0 Only four of them though for the...