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Coach I just entered RUT Feb 1320/1330 credit spread for $.50 for 10 contracts. I am curious to know your opinion.Its my first big trade and i am kind of feeling wierd.I guess you get confidence as you go along and the trick is not to get too confident, right?. thanks

I wasnt spamming.That guy is supposed to teach a great strategy for quickly turning from bullish to bearish on spreads.Thought we could discuss some more on repair strategies if anybody knew that guy. sorry i should have been more clear.

Hey anybody know about this aussie trader called David Novac. http://www.wealthwiseeducation.com/

Thanks for sharing the selection criteria. Do you use any backtesting software to test these strategies with previous data,you know,just to get confidence?.

I just joined this messageboard.I must say i am fascinated by this style of trading(month to month condors and spreads). I am also glad you shared the prego fly repair strategy. what i would like to know is how do you decide what strikes to open when deciding on a trade.Is it based on how...

Optioncoach Thanks for sharing this strategy with us.I have a question, though.At what point would you put on this debit spread.I mean, if we take your example.when the market enters 1240 or before that?. ------------------------------------------------------------------------------------...

i have been thinking in this direction for sometime (you know,iron condors and credit spreads). But whats keeping me from taking the plunge is the repair strategy if the play goes against me. If i do a bull put on a stock when the market is relatively calmer and buy back when its falling...