Search results

worked for me. More than one way to skin a cat.

thanks for the PCLN idea, nice decay an IV crush over last few hours.

AMAT 13c FEB/MARCH calendar for .28 risk going into earnings tonight. IV in FEB 20 pts higher than March, this looks like decent risk/reward.

I am not interested in ANY of your ideas EVER. Why don't you take your negativity elsewhere. Just because you have posted almost 10,000 times doesn't mean you are a good trader. All I know about you is that you are a jerkoff and should stay out of my thread. If I start a thread that is titled...

I am certainly not "A", although I can see that short nature of many of my first posts could be misconstrued that way. I am by no means an expert and am actually quite humble as a trader; however, I have enough experience to know the difference between a cheap option in terms of IV relative to...

what don't you enlighten all of us as to what is actually "decent." While you are at it, why don't you post a trade idea for this week per the title of the thread.

You are basing this on what? I sold vix premium just like I do every month. I will generally ratio these but maintain positive theta decay; however, sometimes I will cover vix options with the vxx (depends on time of month since the vxx is a rolling average of the two front month futures). Do...

I am frustrated because I don't understand what you think you are contributing here. You are calling me childish? In my opinion, this thread achieves the highest utility when people constructively offer opinions and politely offer alternative views to ideas presented by other forum members. Your...

how is it that he could find a an option cheap relative to IV when he specifically said that he believes they are accurately priced relative to IV. He was making the case for a liquidity crunch which I have admitted to observe and in which I can see validity. Furthermore, I specifically stated...

I personally have enjoyed success selling option that I thought were overpriced at expiration, not all options and underlying. I was simply saying that I see the validity in your approach. When there is a sharp move, you benefit quite nicely. That is exactly the reason I tend to stay away from...

Dell 14 Feb/March Calendar available for .25 risk with earnings after close on Thursday.

That is an interesting point. Moreover, owning a cheap option at a nickel or dime at expiry, you would benefit form a mm "fade" should the underlying move sharply in the direction of that strike. There is something to be said for that, I certainly agree. I usually don't touch options that cheap...

Hmm, so there is no inherent edge in buying or selling an option and there is no way to gain an edge through your own observations. how does one make money trading options? Are you saying this is a zero sum game? It seems to me that an experienced options trader realizes that theta decay and...

Sold 500 Vix Feb 30 Calls Friday and saturday for a average price of .15, covered with 26 call at ratio of 7 to 1.... will let 30's expire. Nice little score.

Based on my p&L. Also based on the P&L of those that have traded in my group. Expiration day can be easy money, everyone who trades options everyday knows that. Of course there are times where it doesn't work out. If you don't think there is an advantage to trading high IV front month against...

I have been playing aapl strangles short the past few day, into the 195-210 today. i have been using the pivots for adjustment/exit points. generally, instead of adjusting with shares, I will use more options to even out my deltas until about noon. At that point I am forced to either use shares...

overall, these things are made to sell. If you know how to manage your risk, I am willing to be net options sellers have done better than long gamma traders over the past 30 years.

Yes, years of heavy gains during expiration week. What you said makes sense, however after going short every expiration day, and week, for over four years, I will say that options are often too expensive during expiration week. Especially the OTMs. So, my conclusion is that options are seldom...

if anything, premiums have been elevated this week. The VIX has been steadily in the mid 20's for the first time in a while.

I love expiration week as I believe options were made to sell ha ha.Let's get some ideas going. Where are the high probability trades, where is that fat theta? Personally, I've had my eye on LVS'premium (sold the feb atm put vertical) and as always, I love shorting AApl vol intaday while...