Search results

are you trading singles or spreads? selling/buying?

in on this

dailytheta.com under education has intro articles. also, condoroptions.com has good articles on ICs under strategy.

Very true. I've been seeing this when I apply vol and day steps to the risk profile.

I was just looking through the thread and noticed that I didn't reply to you, sorry. What happened to me was that I sold spreads to close to the money and they went against me. I was sold by the higher premium and thought that the underlying could not go against me. Also, I was compounding...

you received a credit of 0.75 yesterday for that spread and closed it out for 0.25 today, netting 0.50? orders in tos papermoney tend to always fill which is not the case in real time

it seems like those aren't frequent trades. are there any that you put on more frequently?

1. that is a good plan, it just seems a little difficult. I'll have to work on my timing (: 2. i suppose i must do what you say here but it's probably worth it since i only need 2 contracts for the spread instead of 3 or 4. yours and pberndt's profit taking strategy both sound reasonable...

I use tos and am able to view risk profiles of p/l, delta, gamma, theta, and vega. I like your reasoning for using puts over calls because I know I don't want to deal with the assignment. Structuring the trade a little otm when placing it seems like a good idea so that you can skip assignment of...

I use verticals most but I am looking to add calendars and/or flies/condors

thanks for the reply. 1. I must ask, why? 2. say i think RIMM is staying between 55 & 65, is there a way to structure my calendar using those as break-even? how close would the underlying need to be to the strike chosen for you to take profit?

I have a few questions for anybody willing to answer: 1. what is the difference between a put and call calendar? 2. using a calendar, is there a way to more accurately define my break-even points or would I need to use a butterfly/condor for this? 3. how do most of you use calendars? It...

Great insight. Thank you.

I've read a few pages on your thread but haven't gotten through all of it. Do you have a link to a specific post that explains your approach to credit spreads and IC rolls?

I will take a look at this, thank you. So nobody recommends ICs just yet?

I didn't get hammered is was just my choice of wording at the time. How would you apply risk management rules to this account? a max percentage loss of 1% in this account is $50 and it doesn't seem like enough to let plays work out. I do not have an exact plan set out. I mainly look at...

I like credit spreads except for the fact that my timing needs to be pretty good during volatile environments, such as the last few weeks, or else I get burned. I'll take a look at calendars. I've never really researched them because their risk profile doesn't look good to me, can you explain...

I am not sure if I am headed in the right direction. I have been studying, paper trading, and real trading mixed options strategies with mixed results for a few months now but would like good advice. I mainly sold bear calls & bull puts and did ok until I got hammered on one trade or experienced...

this is awesome! I am on a work pc on vista w/ ie 8 & both exe's run great. Thank for your work

well hopefully you caught some sense of sarcasm from my post. i'm not sure what providers are in the monterey/sc area but in salinas there is basically two choices, comcast & at&t. at&t offers u-verse in some areas & the comcast is pretty reliable from what i have heard. i use at&t dsl and never...