GOOG Iron Condor

Using 12/31 as a date to calculate a $2k stop, you'll hit that about 40% of the time.


You should be a bit nicer to those who are offering their kind words of doubt and caution.
I guess some people just lack some basic people skills and basic intelligence. They hide behind their anonymity to insult people who just trying to help.

They think they know everything - the truth is they know nothing.
 
Oops, sorry, 30%. That means you'll be stopped out 1 in 3 times, but only get a return of 1:2.5...if held to expiry, less if you close early.

GOOG.jpg


Nevermind the volatility you'll be buying back if that kind of move does materialize.
 
Oops, sorry, 30%. That means you'll be stopped out 1 in 3 times, but only get a return of 1:2.5...if held to expiry, less if you close early.

GOOG.jpg


Nevermind the volatility you'll be buying back if that kind of move does materialize.
Ok, take the other side of my trade.
 
I guess some people just lack some basic people skills and basic intelligence. They hide behind their anonymity to insult people who just trying to help.

They think they know everything - the truth is they know nothing.
Analysis paralysis, trading us options from canada eh, that is barely legal lol
 
I rest my case..
With each new post, you are just looking more and more ridiculous and amateur.
You don't trade, you're in sales, understand the difference? I am amature trader but my team developed the programs for option chains and exchange generated spreads at the exchange. But that would be way over your head.
 
Ok, take the other side of my trade.
Can't I think both sides of that trade are bad trades?

Also, 10% moves that would have stopped you out would have happened about half the time during the last 3 years.

And you might want to be a bit more deferential to Kim--or at least read up some of what he's written. No one is here to stop you from taking a bad trade--just offering up words of caution if you want to.
 
You don't trade, you're in sales, understand the difference? I am amature trader but my team developed the programs for option chains and exchange generated spreads at the exchange. But that would be way over your head.
Actually I have been trading for 15 years, in the last 5 years as a full time professional options trader. I already forgot what you still don't know.
 
Oops, sorry, 30%. That means you'll be stopped out 1 in 3 times, but only get a return of 1:2.5...if held to expiry, less if you close early.

GOOG.jpg


Nevermind the volatility you'll be buying back if that kind of move does materialize.
You are making an assumption both sides of an iron condor is held to a specific date. You know that each side of a iron condor is closed individually. And hopely at a profit.
Your stand is goog will drop 20% in 2 months or less. You should take that trade and prove me wrong with real money. Since your so convinced put on a synthetic, it'll cost nothing.
 
Can't I think both sides of that trade are bad trades?

Also, 10% moves that would have stopped you out would have happened about half the time during the last 3 years.

And you might want to be a bit more deferential to Kim--or at least read up some of what he's written. No one is here to stop you from taking a bad trade--just offering up words of caution if you want to.
Some people are just not worth the energy to argue with. They won't let the facts to confuse them.
 
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