Search results

On the contrary, selling premium works best in a high vol environment. As VIX increases I'll ramp up trading size as most option sellers do. Yes, going from low to high VIX is painful, but once you are up there, it's the best trading environment to be in. ATM Straddles don't care about price...

More ATM Straddles along with OTM Strangles (between 10 and 16 Delta). Yes, I am risking more to make little. That's what option selling is all about.

No clue. I just put on high probability trades but close at 2x credit received for my losing trades. 10 months a year are winning months. Rinse and repeat. Good luck!

When selling options you don't have to use all your capital. 30% invested means I use up to 30% of my total net liquidity. If you have $100,000, you only have $30K exposed to the market. Risk management is key. If done right, selling options is much safer than buy & hold. All in all, it's...

As an avid Tastytrader I'd like to chime in. There are many ways to skin this cat called the market. Overall, there is no "right way". We see traders (like Xenomorph in this forum, Covey or the Turtle Traders of the 1980s) trading the trend. We see the Karens selling way OTM options making...

I've done Investools, John a Carter, Dan Sheridan, etc. they are all good but if you want something that is free and much better, go to tastytrade.com. Watch the segments Market Measures and Where Do I Start? There's no need to read books especially Larry M's large book. Good luck!

I do. Given that implied vol is overstated the majority of the time, trading systematically does work. Backtest it to see for yourself. It beats buy and hold. Sos doesn't do it, but the market measure segments show it. The P&L is almost always higher (depends on strategy) than those trades...

Just21, As an avid Tastytrader, I would recommend watching the show, but choose your own course of action. Blindly following them would not be wise. In turn, turning the show off b/c of some of the comments in this thread may do you a disservice as well. Keeping an open mind is key. The...