Search results

credit spreads are bad.too many trades, too much fees . The simple ATM strangle (plus the far OTM call) that is 200+ days works best . 600+ day ones are good too. If it's 60 days or less the gamma risk is too high. this is the easiest way to make decent money in options by far SPY is better...

meant buy ..typo

Simply sell the ATM ES or NQ strangle that expires in 120+ days and sell the OTM call to eliminate the potential for infinite losses should the index rise to much. If the present price is 2250 on the ES, and the ATM call that expires in 150 days has 100 points of premium and the put has 100...

sell ATM strangles with OTM call...best strategy I know of

so much for US government debt being safe.

TOS is a rotten company. She will pay a fine. Her method works fine until IV explodes and you have to cover everything at big loss

But TOS/ameritrade never fills below the limit. they are giving the worst price at every opportunity. TOS/ameritrade is the worst offender of this practice and they generate tons of revenue from payment order flow at the expense of their customers. I don't know about IB or other brokers.

that is because volatility is a proxy for the choppiness of the path

there are three prices: the posted bid /ask, the correct price based on the underling math, and the executed price. TOS gives really bad executions

https://www.elitetrader.com/et/threads/td-ameritrade-and-think-or-swim-option-market-maker-scam.299853/ If the bid for example is at 1.3 and the ask is at 2.2, TOS defaults to 1.3 or 2.2 (depending if you are buying an option position or selling it) when you open the order form. If you do not...

the map on 538 shows trump needs to win 4 toss-up states plus Colorado to win ...the odds are lower than 1/16 , which is a pretty good bet for Clinton . The volatility markets overreacting again. Brexit was just a popular vote and did not involve delegates. I'll probably make the bet more...

sell FB puts

The whole thing is rotten to the core and is a scheme to generate fat commission and profits for TOS trading desks though bad order execution. It's worse than the Clinton Foundation, because it's theft against ordinary people who trade these options and enter the orders badly and get filled...

I use weekly options to add leverage and reduce the capital required. I always trade at the money call or put that’s going to expire at the end of the week. This option normally has a delta around .50, which means that if the SPY moves a $1.00 the option will increase (or decrease) in value by...

roll everything lower and do it again . tests show the long-dated strangles are good at absorbing large one-day down moves . But there will be losses

there are exactly 0 people who make a living doing this. the money is made selling books, courses, coaching, guides, etc. Or market making.

Lost tons of money on friday thanks to that cum-ey fucker. I left for lunch on Friday short the ES ATM call that expires in 250 days and short UVXY and returned with small profit on the former and huge loss on the later. It was -$50k short delta on ES and short $6.5k on UVXY. So now I'm kinda...

Tasty Trade is a marketing vehicle to generate fat commissions for TOS.

bullish on lung cancer

shallow skew benefits spread buyers