Search results

I don't quite understand, you post trade ideas each week, but not your profitable 'banker' trades ?

Say 1 x 90-100-110 Fly Contains ... 1 x 90-95-100 Fly ... 2 x 95-100-105 Flies ... 1 x 100-105-110 Fly

All sorts of ways ... widen wings ... convert to condor ... sell embedded flies ... convert to straddle / strangle

Des ... is the 132 skip strike fly you are suggesting similar to your 'pitchfork' with long wings ? Cheers James

ATM strike for the implied forward price ... is where the absolute difference between the Call and Put prices is the minimum You can approximate the forward price as Strike + Call price - Put price

Sossy and his crew's latest and greatest insight into option trading 'made easy' is ... that there's an arb where calls / puts at the same strike are shown at different vols !! Genius eh ! ps upside call flies attractive with high vol

In which case, you don't need to ask all the newbie trading questions here then? Who exactly 'does it right'?

Trading to generate a monthly income is a scam promoted by snake oil salesmen ... TastyTrade suggest you can use their platform 'Dough' to learn to trade options the easy way ... but most of their featured traders somehow seem to lose money ... I'd like to train part time and win an Olympic...

Have you been watching too much TastyTrade?

Don't worry, Sosnoff can't get his head round it either ... just can't handle the risk / leverage ... On the other hand, it may just be complete fiction ... paper trading for publicity!

She's back ... Sosnoff reckons she has knocked it out of the ballpark with a return of 11% so far this year .... but only in comparison to his own enormous losses .... and barely ahead of the S&P .... despite using massive leverage in a doozy market for premium sellers .... Maybe the 'Karen the...

It get's worse ... Big Boy Iron Condor, Big Dawg Butterfly, Chicken Iron Condor, Jade Lizard, Poor Man Covered Call, Poor Man Married Put, Skewed Iron Condor, Sunny Side Up, Twisted Sister ... All Sosnoff's names for Standard Strategies ....

Sossy just makes up names for already well established strategies so that his TastyTrade lemmings can't do their own research ... Pathetic really ....

Synthetically it's just a Long Put Ladder or Christmas Tree ...

Depends on whether you have a directional view ... - Going Down ... Sell stock - Range Bound .... Sell / Roll Calls - Going up ... to say 35 ... 1x2 Call Ratios ... short strike at target price Better still ... in my opinion ... never own stock unless you have to ... traders have a...

Leverage .. Margin Requirements ... Flash Crash ... Thinking you can't lose ....

Selling ITM's, same as Buying OTM's .... a directional play with negative theta?

What's the margin requirement if - Goog falls 25% - Vol explodes - Broker / Exchange unilaterally increase margin requirements

Tasty Trade ... "Trade Small, Trade Often" ... " Don't worry if you are losing money at the moment, everyone is" .. Commission generating scam for ThinkOrSwim ....

Any logic to the 1% .. or just indicative that taking on too much gamma risk?