Search results

Thanks! I appeciate every one taking the time to answer. Going back to newwurldmn's comment. The stock was BIDU. I did the 140 ATM call and put on 9/12 at 1:53pm eastern time. The stock was around 142 when I put the straddle on and 140 was closest to ATM. Bought the call at 11.5 and put at 9.35...

Hey everyone! Just wanted to see if anyone can shed some light on this...paper trading straddles at the moment. Bought ATM put and call. Within a day of the trade, the stock had moved to the upside by 2 dollars. Strangely though, the put side of it had moved 1.50 against me(huge swing from where...

Thanks everyone! Being new to ET, I appreciate all your responses. I have been trading for 5 years or so, mainly covered calls which I do enjoy trading and then this particular system fell in my lap, but based on the responses, I guess not everyone thinks favorably about this strategy based...

Hello everyone! I know this has been a topic that has already been discussed on this forum, so I apologize if I am bringing it up again. Is anyone familiar with John Richardson's course...Consistent Options Income. I would like to know if anyone has had any true success trading his strategy and...

Hey everyone! I know john richardsons course has been mentioned already in this forum, but I would like to revisit this subject if I may. Has anyone had any true success with his strategy? Any feedback would be great. Thanks!