Search results

  1. F

    Trading Long Straddles

    Wow! I´m overwhelmed by the consideration and helpfulness pouring out to me on this FORUM. Thank you guys and gals. I´m all set to re-start my test system again today. Will establish a long straddle. On the other hand, will also before market close put a long straddle on GOOGLE on...
  2. F

    Trading Long Straddles

    Well I got a chuckle from Dolemites post. I actually understood what he said. So there has been improvement from options 101. Though I´m not sure I´m ready to move to Options 102 trainee though? That sounded a little bit too intricate for me at this time. Actually I closed down midday...
  3. F

    Trading Long Straddles

    Dolemite Thankyou for the suggestion. I kind of like it. But just got frustrated with my paper money account and closed it and cleared it off. Going to start fresh tomorrow. I tried to narrow down the working tempo, so it was faster and it turned out to be way faster than I could...
  4. F

    Trading Long Straddles

    Been a busy opening this morning. One of those GAP traps. The other day it was a CLASSIC GAP, wished I had traded it. This long straddle method got complicated on me. I´m starting to lose track of the numbers. Did good this morning though, with 23% overall on the PUTS. Still holding...
  5. F

    Trading Long Straddles

    Dunleggin Thankyou for your advice on trading the traditional way on LONG STRADDLES. When I get done with this experimental test of an old time method of trading Long Straddles, will keep your advice in mind. If as a retail trader at home, you are making $250,000 a year net profit...
  6. F

    Trading Long Straddles

    IV TRADER Got something on trading the VIX in options. Interesting stuff, but assimulating it will take a bit of thinking. Didn´t find anything on the VIX switch itself, other than it occurs on expiration day, the third Wednesday of the month, when one of the months is replaced by...
  7. F

    Trading Long Straddles

    To IV trader Thankyou for the contribution on VIX switches. I did trade PAIRS using VIX and some other index. Can´t remember now. It worked okay, but was highly directional and I really didn´t see the sense in it, so I dropped it. I´m going to see what GOOGLe brings up on the...
  8. F

    Trading Long Straddles

    Well I found some of the stuff on here, with the one upmanship very funny. Back in my stock trading days, ( decades ago ) my favorite strategy was trading AGAINST market makers, in the thinly traded category. Loved to see them squirm, before they gave me my 20% finally. ( took about 3 months )...
  9. F

    Trading Long Straddles

    Well very diverse opinions, even from participants in the same field. My slim understanding of Market Maker methods, is by reading contributions here and there on the forums. I have come to the conclusion that a Market Maker trades differently to a small retail trader and wonder if a...
  10. F

    Trading Long Straddles

    Very cute! Love it. All I know when I copied this down in my notes some 25 years ago, the return was touted to be 30% a year. I´m interested to see if it works?:D
  11. F

    Trading Long Straddles

    The short answer is NO! Because I am testing a mechanical system, I copied down from 25 years ago and it has no provision for the classic traditional volatility application recommended on the internet advisory pages. The long answer is, that I am interested in using volatility, though it...
  12. F

    Trading Long Straddles

    Implied Volatility Well I am trading SPY. I do not usually consider volatility in SPY as it is rather staid in that sense. However, I plugged the IV into TOS to see what we have and on the 128 strike the Call IV is 15.75 and the PUT IV is 16.96 Not sure what any of this means...
  13. F

    Trading Long Straddles

    All very interesting. I´m trying to fit the long straddle into a shorter time frame. One week, or 5 trading days. This of necessity in the short period I am doing it means that the commissions become an ever increasing cut of the profit. I think right now it works out to about 30%. I...
  14. F

    Trading Long Straddles

    Hmmmnn! Regarding the argument, I was wondering what Volume had to do with it? But as the argument progresses I think you are referring to volatility. I´m not trading the long straddle by volatility, I´m trading mechanically in a method I´m not yet sure if it works.
  15. F

    Trading Long Straddles

    Swinging in my hammock on my verandah. Beautiful day. Finished up my adjustments for today and only have to occasionaly check the computer. I got to thinking about the contribution by ForexForex for the WEEKLY OPTION trading, using the last two days of maximum TIME DECAY. I traded...
  16. F

    Trading Long Straddles

    Wow!
  17. F

    Trading Long Straddles

    Gentlemen I´m overwhelmed by your kindness. I appreciate it. This is so unusual on these forums. I will try the expiry STRADDLE in paper money. As to the reasons for the failures. Yes I know the reasons. Credit spreads rely on making money by compounding. But when the...
  18. F

    Trading Long Straddles

    About 25 years ago, I made note of a strategy, trading Long Option Straddles. Since I am currently out of idea, I was re reading my notes. Somebody back long ago had what they said was a long option straddle method that worked. So I am trying it in paper money. 25 years ago they did not...
  19. F

    Trading Long Straddles

    Last year I traded credit spreads for about 8 months. Got wiped out twice. It was paper momey.
  20. F

    HowardCohodas Index Options Credit Spread Trading Journal

    Eduoman If you want to send me some secrets on how to do those things, be glad to get them. I just opened a forum on here for the Long Straddle tweeks and hints. You can send something proprietory to my email if the public forum would bother you.
Back
Top