Search results

  1. A

    Easy options question for new trader

    Thanks for your help. I can see I have a lot to learn. Steve
  2. A

    Easy options question for new trader

    I wrote it.
  3. A

    Easy options question for new trader

    And I see now why I didn't get notified. I have to visit the site each time there is a post or I don't get any further notifications.
  4. A

    Easy options question for new trader

    Thanks everyone for your posts. Sorry for not answering. I was expecting to be notified when there was a new post on the thread and I never got one. Jonny1lot I don't know anything about delta so I am sorry, I don't understand your question. Water7 and kmiklas: No, my algorithm tells me at...
  5. A

    Easy options question for new trader

    cdcaveman: Thanks for your suggestion. I am completely clueless on how to use options. What would be the advantage of the put back spread strategy vs. just buying OTM puts? I want to do this as simply and cheaply as possible. So in my mind I was thinking that I'd want no payout until I...
  6. A

    Easy options question for new trader

    A 2x fund doesn't do as well as an equivalent $ amount of XIV and an equivalent amount of short VXX. I do understand the workings of these instruments and "taking money off the table" doesn't help. I am trying to guard against the "two airplanes crash into the world trade towers" type of...
  7. A

    Easy options question for new trader

    I have never traded options. I understand the general theory but not how to put that into practice. I have created an algorithm that trades the VIX ETF's with good success. However, due to the leverage I am using, a huge overnight jump in the VIX could wipe me out and I need to protect myself...
Back
Top