Search results

I just skimmed through the video that you originally posted, and note that the presenter is advocating only selling options, which is fundamentally different from my approach of primarily buying options for direction. However, I also sell Out-of-the-Money spreads, which accords more closely to...

Any strategy that is rule-based can be backtested.

Missed a few here as markets turned around last week. Closed oil calls and S&P500 calls at a loss. Security / Ticker: CL Open Trade Date: 06 May 2019 Trade: Sell to Close Expiry Date: 17 June 2019 At the Money / Out of the Money: AtM Exercise Price: 62.50 Direction: Call Opening Price...

Not having a good run with DAX30! Sold Calls at a loss and will re-enter position when charts improve. Security / Ticker: DAX Open Trade Date: 15 May 2019 Trade: Sell to Close Expiry Date: 21 June 2019 At the Money / Out of the Money: AtM Exercise Price: 12,100.0 Direction: Call Opening...

I do what you're suggesting @qlai - trade direction with long options. Duration tends to be 20-40 days between swings. Details on my journal here and I'm happy to try to answer questions if I can. https://www.elitetrader.com/et/threads/global-options-trades.330518/

I do a variation of this in my retirement account. On the basis that I am no better at stockpicking than average, I have a portfolio of unexciting dividend paying shares in my SIPP, and write call spreads (short immediate OtM call, long next OtM interval) on them. Writing naked calls in my...

Spreads added last week include: DAX 21/06/19 11850/11750 Puts at 16.8 credit ES 19/07/19 2760/2730 Puts at 5.0 credit ES 16/08/19 2740/2710 Put at 5.4 credit ES 31/10/19 2680/2650 Puts at 5.5 credit ES 20/12/19 2650/2620 Puts at 5.5 credit N225 11/07/19 20500/20375 Puts at 30 credit

Hi @jamespond. Please see post #39 last week.

On each reversal, I sold Bull Put spreads at various expiries through 2019, for immediate cash credit. Not sure how useful it is to show them here, but can do so if anybody is interested.

Following a Bullish reversal on Thursday, closed the Put side of the June Straddle at a small profit and initiated long position by buying calls: Security / Ticker: N225 Open Trade Date: 07 May 2019 Trade: Sell to Close Expiry Date: 13 June 2019 At the Money / Out of the Money: AtM...

Nikkei 225 Puts expired with an aggregate net profit. Security / Ticker: N225 Open Trade Date: 08 April 2019 Trade: Sell to Close Expiry Date: 09 May 2019 At the Money / Out of the Money: AtM Exercise Price: 21,750 Direction: Put Opening Price: 348.7 Close Trade Date: 09...

Sold S&P 500 Puts at a profit: Security / Ticker: ES Open Trade Date: 25 April 2019 Trade: Sell to Close Expiry Date: 21 June 2019 At the Money / Out of the Money: AtM Exercise Price: 2,920 Direction: Put Opening Price: 51.3 Close Trade Date: 16 May 2019 Closing Price...

I got DAX wrong! Closed out May Puts at a loss. Security / Ticker: DAX Open Trade Date: 10 April 2019 Trade: Sell to Close Expiry Date: 17 May 2019 At the Money / Out of the Money: AtM Exercise Price: 11,800 Direction: Put Opening Price: 192.2 Close Trade Date: 15 May...

Trades from last week follow. Sold FTSE Puts at a profit following a reversal on Tuesday. Security / Ticker: FTSE Open Trade Date: 09 April 2019 Trade: Sell to Close Expiry Date: 17 May 2019 At the Money / Out of the Money: AtM Exercise Price: 7,400 Direction: Call Opening...

Sure, I'll just pop round to your house and put the trades on for you if you like! Afterwards, I'll wash your car and mow your lawn too! :D For me, the 'secret sauce' that you refer to took 20 years of studying, modelling, backtesting, iterating and repeating to learn how to make a profit...

You're welcome - hope it is of use. 1. I use several, and build a composite buy or sell based on Bollinger Bands, Moving Averages and Stochastics to confirm that a trend has finished. 2. I use IB. I think I might have answered the second part on the other thread where you and others asked...

I take a slightly different approach. I know what the average movement between low and high is for each security I track. As an example, its 4.2% for S&P500. I also know what the duration of the swing from low to high (and high to low) is. For S&P500, its c.45 days. If I buy an At the Money...

For me, (and in relation to simple directional / swing trading) limited downside vs unlimited upside. When I used to trade Futures, the Stop was often a cause for frustration; i.e. long position is stopped when price falls, but then I wasn't in the position when it price subsequently rose. I...

We are all aware that the past is not a guarantee of the future etc, but if when backtested a security can be seen to move in a trend over a timeframe of 'x' from low to high, and IF the trader decides to trade the trend AND use options to do so, it makes sense to purchase an option with a...

Go back to basics. Calculate the trend of the security that you're analysing, and let that drive your timeframe to get optimum exposure with a single option. Check my journal on here to see exactly this process repeated over the last few months for several securities. P&L is shown for each...