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I have no idea the problem with elite trader? But I try to comment on another forum I follow and every time I post it kicks me back to LOGIN again. Anybody have a clue? Is it because my thingy is only working on this forum, but thus will not allow me to work on another one?

The only thing I know about futures is that they are open ended, no end to the losses. Whereas options are limited to your debit.

Well I´m out of my 10 contracts Straddle at $2.37 Not sure how I ended up profit wise. But around 11 to 12% in 6 days. Will know by the end of the day. I also learned that Riff Raff is trading price, while I´m trading trends. So a conflict in approaches seemed natural. For my...

Just looked it up. A STRANGLE, 16 strikes OTM in AAPL. Be interesting to see what happens to it. I get the AAPL 650 call at $10.95, 480 PUT at $10.05 ___________________________________

trader 198 I´ve heard this several times, but never actually spoken with anyone making any money at it. At least confirmable. I also wonder which months. Plus I´m guessing you are talking big moving stocks like Bidu and Appl ? Can you give more technical details and the results you...

Riff Raff You make me think alright. I did make 11% on the puts of the value of the trade and the trade is still ongoing. Until it is closed there is no loss. But there we differ. Give me a month and lets see how this works out. I´m tired of debating this. You may be right but until I...

I don´t think there is going to be any market movement today at all. Everybody is waiting on APPL earnings to move the market. I´m reading a couple of books and checking every hour or so, to see what is what? Be interesting tomorrow.

Riff Raff I don´t accept your intrepretation at all. Whether Appl goes up or down tomorrow, only means one thing to me. If it goes up, I will be closing off the straddle as a completed deal. If it goes down, then I will not be interested in any adjustment until the trend finishes and the...

Riff Raff If necessary this is a month long trade. It is you guys who are fixated on short term fluctuations in the market, the noise or flutter if you will. I´m trying not to trade flutter and noise. I´m not watching the premiums dance around, you guys are. I´m looking at the...

Well Riff Raff raised a worrisome point. I hadn´t thought of it myself. What if the market goes down today? A straddle is not a short term trade as I am doing it. I have two months I can adjust the straddle. These are three month 90 day options. I´m sort of looking for a short...

The post quote from Eudamon was interesting. It didn´t go into enough detail though. As to your question. I haven´t a clue, it is a case of the blind asking the blind to lead them. I don´t know what I´m doing. I only think I know what I´m doing. That is no recommendation to...

STRADDLE TRADE I closed the PUTS this morning RIFF RAFF for a net profit of +$285. I have since plowed most of the money back into buying CALLS. Have 10 CONTRACTS in total now and need $2.35 to break even and cover commissions on the CALLS. I missed another $100 on the PUTS, but...

Lights When you refer to Verticals, you mean a Condor right? Two opposing debit spreads, ITM puts and calls?

Interesting opinion Light Tell me, can I leg into and leg out of a calendar?

Jeff I guess I mean account balance in correct English. I don´t care what size of percentage you trade. I´m talking ROI as gain on TOTAL account. Not per trade. In annual terms.

Riff Raff has it almost right. Since I´m developing this in my own mind. I´m playing with variables. I don´t know the technical lingo to call it, or explain it. Perhaps Babu with his expertise in GREEKS can put it into Greeks. Really I´m sort of using a trending approach to...

I´m holding 5 contracts QQQ July 66, straddle at a spread of $5.07 Actually I don´t plan to trade the spread itself, but the wings or whatever you call the sides of the straddle. The last and only time I did that with real money, it worked like a charm. There is apparently an element of...

Riff raff Well indeed! That is food for thought. _____________________ Hey babu how u doing mon? Wrong forum no?:D Okay Riff Raff, you certainly produced some interesting stuff. Have no idea how you could get those premiums and dates together like that. How did you do it...

Well I´m waiting for facts, not cliches. The point about time decay, or theta, apparently the writer is ignoring that the purpose of a spread is to negate theta effects. For how long that spread would hold off theta I don´t know in a 3 month options? Be interesting to find out. So...

I´m enjoying the feedback, and hoping you will point out the faults in this. A straddle, or strangle needs to be implemented at a time of consolidation. I do that. This means volatility is at a low. If you do otherwise, then of course there would become volatility shrinkage as part of...