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    How many options strategies should you realistically master?

    "Btw, ignore this @TheDawn, as mostly he has no clue." from E-I The irony!!
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    Swing trading with Butterflies

    That was quick! Probably should have been more aggressive with my closing orders. Trade date: 25 April 2023 Security: CL Price at opening: 79.97 Structure: ItM/AtM Put Debit Spread Expiry date: 12 May 2023 Strikes: 80 / 82.5 Opening Spread: 1.40 Close date: 26 April 2023 Trade duration: 1...
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    Swing trading with Butterflies

    Opened a couple of short directional trades today. It feels wrong to be shorting Nasdaq, but I'm taking comfort that this acts as a partial hedge against a long stock portfolio. Trade date: 25 April 2023 Security: NQ Price at opening: 12,997.00 Structure: ItM/AtM Put Debit Spread Expiry...
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    Selling naked calls OTM & covering them just before ITM?

    You're trying to sell a tail to wag a dog with! Definitely backtest your idea before you trade it.
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    Swing trading with Butterflies

    I opened a couple of Calendar Spreads whilst travelling so didn't have a chance to add here yet. Really pleased with these in aggregate (not so much the Nasdaq one!) so decided to share them here now. Trade date: 14 March 2023 Security: SPY Price at opening: 388.3 Direction: Put Expiry date...
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    Let's discuss data sources (providers)

    I've been using this for a few years as the API drops prices straight into a spreadsheet: https://eodhistoricaldata.com
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    Giving up on my dream of trading for a living

    Thanks for your candour @SteveM I'm sure many of us have experienced similar emotions over the years. I see similarities between your approach and mine (many spreadsheets of backtested ideas etc) Based on what you have said, you obviously have a talent. But if I can make a observation, there...
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    Swing trading with Butterflies

    My target on the Nasdaq Calendar was c.31 and the spread reached 29 prior to opening today. then dropped with the sell off at the open. I just closed at a loss. Trade date: 21 February 2023 Security: NQ Price at opening: 12157.0 Direction: Put Expiry date (short side): 24 February 2023...
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    What names have daily expiring options?

    I was trying to help the OP rather than disect the semantics of the question.
  10. G

    What names have daily expiring options?

    ES and NQ futures options have expiries each weekday.
  11. G

    Swing trading with Butterflies

    Thanks. I think you said you'll be in Vegas soon, too. If so, Enjoy! Thanks. Reading that again its a little misleading. I'll be in Panama for a couple of weeks, then home in UK for a couple of weeks, then Spain for a couple of weeks, but unlikely to be trading much and unlikely to add...
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    Swing trading with Butterflies

    I'll be away on vacation next week until mid April so will pick this up when back.
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    Swing trading with Butterflies

    My model produced Short signals for ES and Nasdaq, so I closed the long positions (#358) at a loss. Trade date: 16 February 2023 Security: ES Price at opening: 4,116.00 Structure: AtM/OtM Put Credit Spread Expiry date: 21 February 2023 Strikes: 4055 / 4115 Opening Spread: 18.00 Close date: 17...
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    Swing trading with Butterflies

    The Nasdaq Calendar (#356 - not a fly, as I said by mistake) closed comfortably in profit yesterday, after Nasdaq returned to c.12500. Trade date: 14 February 2023 Security: NQ Price at opening: 12508.4 Direction: Put Expiry date (short side): 17 February 2023 Implied Vol (short side) 27.5%...
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    Swing trading with Butterflies

    Opened long directional positions for expiry next week on S&P500 and Nasdaq, and a short position on oil, each favouring credit spreads. Trade date: 16 February 2023 Security: ES Price at opening: 4,116.00 Structure: AtM/OtM Put Credit Spread Expiry date: 21 February 2023 Strikes: 4055 / 4115...
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    Swing trading with Butterflies

    Outside my normal stuff over a few days duration, I've been experimenting for a couple of months with a 'compressed' intraday strategy using ODTE options on the major indices, which is doing very well. The equity curve for the first 100 trades looks good, but I took a beating last week and...
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    Swing trading with Butterflies

    Opened a Nasdaq fly earlier today. Trade date: 14 February 2023 Security: NQ Price at opening: 12508 Direction: Put Expiry date (short side): 17 February 2023 Implied Vol (short side) 27.5% Expiry date (long side): 21 February 2023 Implied Vol (long side) 22.9% Strikes: 12500 Opening Spread: 22.42
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    Swing trading with Butterflies

    Closing orders for the oil trade (#353) that I opened yesterday, closed this morning in profit. Trade date: 09 February 2023 Security: CL Price at opening: 77.65 Structure: OtM Put Credit Spread Expiry date: 15 February 2023 Strikes: 74 / 75 Opening Spread: 0.22 Close date: 10 February 2023...
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    Swing trading with Butterflies

    Closing orders on the Nasdaq trade (#352) filled earlier. Trade date: 07 February 2023 Security: NQ Price at opening: 12,545.00 Structure: OtM Call Credit Spread Expiry date: 13 February 2023 Strikes: 12800 / 12900 Opening Spread: 23.00 Close date: 09 February 2023 Trade duration: 2 Closing...
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    Swing trading with Butterflies

    Opened a directional credit spread on oil earlier today. Trade date: 09 February 2023 Security: CL Price at opening: 77.65 Structure: OtM Put Credit Spread Expiry date: 15 February 2023 Strikes: 74 / 75 Opening Spread: 0.22
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