Search results

i really do understand, it took me years to post. if i cannot see why a no touch trade or ctm naked may be superior to what i have done for years; then i certainly should not try the trade until i have learned. what i would like to know is, where do you start to learn? i agree also with...

you are correct, i apologize also; for i am asking you to give me answers in the style that i would like, instead of your preference. sorry. i will try to understand what you are saying by reading your posts. the reason i pressed was mainly because i wanted to better understand how you trade.

ok now, we are getting somewhere now! if you have determined that may be the way to go, you must have an idea how to protect yourself? can you give an example of whipsaw risk? does it all get back to what riskarb does? how can someone replicate his trading when i (or we) do not have his...

being a business-owner i like real world events and not theory to guide me.what i have seen with the actual events of the past year is , some people made money and others did not. i want to examine closely what the winners did , that is why i am into how things fared for anyone who is willing to...

first, thank-you for the quick response. i am not advocating my type of trading at all; anyway , just the fact that it is naked eliminates most from even considering it. i have been trading for over a decade like this, successfully. i think some of my success is not being too aggressive, it...

rally , i understand clearly your points about risk and reward trades. i would just like to make one point. a trade is done for a credit of say 2 pts with a maximum risk of 3pts; the profile seems fantastic on a micro view. is it possible that the probability of the trade costing those...

i would not eliminate non-spx postings entirely. maybe start a different thread...possibly? the success of this thread imo has been the real time coverage of your and others trades. as you try other types of trades, i find it very interesting; although it must be difficult to endure some...

my current positions er2 @ 764.90: -10 nov 805 calls sold @ .85 current value: 2.80 -10 nov 815 calls sold @ .80 current value: 1.25 er2 traded at 749 when sold -10 nov 820 calls sold @ .55 current value: .80 er2 traded at 749 when sold -10 nov puts 625 sold @ 2.40...

there are a lot of people here who also are happy with a little reprieve on the rise. the market can easily retreat, then rise even faster. no one know's. i seem to have a good discipline when it comes to sticking with my rules;i will roll if i have to. i will not hesitate. i still would like...

when the underlying reaches within 25 points of the short option, i will sell a following month option higher(or lower if a put) for the equal or better amount of the short closer month option that i have to buy back. an example would be(using oct even though i do not have any short...

i think it is important to try to show what has changed in my account as the er2 index has risen recently(763,roughly). i am short: -10 820/815/805 each calls november i have 35,000 liquidity overnight(which is the only important measure). when the er2 was at approximately 745, my...

ib's system imo is very clear and understandable...now my journal, may not be. i knew that in the beginning, so i am evolving to try and be more clear. it is fasinating to see how the values of short options change, i am hoping to continue to illustrate this through my postings.

new trade today -10 er2 november 640 puts @ 1.20 er2 was trading @ 744 current value: 1.20

updating new trades: -10 calls nov 805 sold @ .85 / current value: 1.50 -10 puts nov 625 sold @ 2.3850/ current value: .60 -10 calls nov 815 sold @ .8 / current value: .85 er2 traded at 749 when sold -10 calls nov 820 sold @ .55 / current value: .6 er2 traded at 749 when sold...

i have made an income(of varying size) for 10 plus years straight. for the past 10 months i have been trying to make the income equal my original career. i am not close at all of course; but my goal is for 2007 to equal half of my normal pay. i have never been hit . in the past i have come close...

that was funny......read my mind. i do not want to ruin riskarb reponses; but if they can be less prolific(if time is an issue) and more understandable.....that would be great imo.

update er2 future options -10 puts october 610 sold @ 2.00 /CLOSED @ .20 -5 calls october 795 sold @ .95 /CURRENT VALUE .20 I CLOSED 5 @ .20 today, although i had an order to close all 10. i will try again on monday. -10 calls october 800 sold @ 1.05 /CLOSED TODAY @ .20 -10...

may rut high was 782.50. my shorts are 795 and 800. you are right in that other indexes busted through highs, and rut has not. if my calls (sold @ 1 and currently @ .25 and .20 or so) were to go to 4 or 5 , i will buy and roll. if they were to go to 10-11-12, etc it would be difficult to roll...

again, only profitable at this point in time. i agree that not having to adjust is very important, that is why i trade this way. but, when forced to adjust i do well with only one leg to deal with. i must admit ,(and i trade your way also,ctm.just not as much as my naked trading); it is less...

rally, i am curious to see how your p/l has been through this runnup? we all know how most everyone here has done. times like these is exactly the perfect opportunity to see how each strategy performs. do you agree? for my opinion and thoughts.... everytime riskarb writes; i hear my first...