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Regarding this VIX trade and prior VIX trades. I really need to learn a lot more about trading the VIX, as it's very specialized and the options pricing is different from that of other instruments. (Help in this regard would be appreciated). Nevertheless, I still trade it for several reasons...

VIX long calls - 12/8 12/08/2014 20:16:11Bought 4 VIX Dec 17 2014 14.0 Call @ 1.3 Bought the 14 calls on VIX after it gapped up to about 14.4. Poorly structured trade for multiple reasons...need to improve on VIX trades as I'm net down on them over time. Rationale: A. VIX is spiking...

Current Trade: FXI 12/04/2014 17:03:17Sold 7 FXI Dec 12 2014 41.0 Call @ 0.92 625.36 12/04/2014 17:03:17Bought 7 FXI Dec 12 2014 42.0 Call @ 0.51 -357.17 Short the 41 call, long 42 call for around an ATM credit spread. China has been moving differently than GLD, TLT and other stocks shown...

GLD Call credit spread 11/24/2014 11/24/2014 17:50:45Bought 4 GLD Dec 5 2014 118.0 Call @ 0.61 -244.10 11/24/2014 17:50:45Sold 4 GLD Dec 5 2014 115.0 Call @ 1.66 649.93 GLD is trending down and has pulled back about 50% from its recent swing low. Short 115 call, protect with 118 call...

Sure. Here's TLT on 12/3: 12/03/2014 16:36:44Bought 4 TLT Dec 26 2014 120.0 Call @ 1.6 -654.05 12/03/2014 16:36:44Sold 4 TLT Dec 26 2014 123.0 Call @ 0.5 199.89 See attached pics. TLT moves inversely to yields ie a bond fund. Long term yields go up, TLT goes down. Yields go down, TLT goes...

You don't have to read it bro lol...take a hike

So rather than dive into the spread trading that has done better for me, I have to first address butterflies and iron condors, and the inherent arrogance behind these trades. The best way to do that is an example from my old account: TWTR 12/27/2013 15:30:12Bought 2 TWTR Jan 18 2014 85.0 Put @...

Alright, so the next thing I want to talk about is backtesting. This is critical as I want criticism of the way I do it. Please first read through my methodology though before replying. 1. I do manual backtesting, and lots of it. This is done through TOS's OnDemand function and I literally go...

Alright, so now I narrate what happens. I didn't get a chance to add again ( thank god) and the move in SLV not only fizzled out, but slv trended down after about august: Arrow 1 - that was my add, you can still see where I put it in (see above post) Arrow 2 - Silver just couldn't climb...

Alright, it's 2 months later, SLV is going up at a reasonable, though choppy and uncertain pace. I decide to add as planned. 3/14/2014: +1 SLV Oct 18 2014 19.0 Call @ 3.05 (see pics) Arrow 1: Original position Arrow 2: New position. 1. SLV is grinding up, though nowhere near trending like...

Alright, here's the silver trade. 1/3/2014: +2 SLV Jul 19 2014 calls @ 1.82 See pics below of price/iv charts, bid/ask quotes (roughly note that the time is about 30 seconds off I'm using TOS's ondemand to place these) Ok, I was young, I was bold, and I had just come off the high of reading...

Alright, so to understand my super coo' methodology one must understand my history. A. I come from an equities background but since trading options, seeing how much I love them, I have read lots of books backtested stuff to death etc. in order to apply the options principles to an...

Hi there, i've been surfing this forum a while, found a little bit of it helpful occasionally. Anyways, I'm going to write a journal of every trade I make, including the ones since I started this options account (it will take several days for me to post them all and describe what I'm doing...