How long $3000 will last option trading

Quote from nononsense:

How long $3000 will last option trading?
Depends on who's trading.
Hope this helps
nononsense
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It makes you wonder about some of the people with 1000's of posts. What % of their posts offer substance vs. just posting to add to their # of posts?
 
Quote from nlslax:

It makes you wonder about some of the people with 1000's of posts. What % of their posts offer substance vs. just posting to add to their # of posts?
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Your question shows that you're not there yet! You must be a newbie.
You obviously can't spot a nugget in a pile of crap.
Keep on trying.
:cool:
 
Quote from nononsense:

Your question shows that you're not there yet! You must be a newbie.
You obviously can't spot a nugget in a pile of crap.
Keep on trying.
:cool:
More...

I guess you're right.
All I saw was a pile, no nuggets.
:D
 
I sold 1 1165/1175 SPX put spread for 45 cent today. This is same as what Phil sold on his journal.

I bought 2 more spy put diag

122 jan/123 feb 30 cent
123 jan/124 feb 30 cent

The 122/123 feb vertical credit spread was around 17 cent and 123/124 feb vertical credit spread was around 20 cent. The actual value of 123 jan/feb and 124 jan/feb calendar was around 50 cent.

spy position summary:

DEC -121 put
DEC 119 put
JAN 2x -124 put
JAN -123 put
JAN 121 put
FEB 123 put
FEB 122 put

Delta 22, gamma -5.93, vega 1.77, theta 2.59
 
I bought one spy 124 JAN/FEB Calendar today for 55 cent. If SPY drops back near 125 next week, I might sell 125/124 vertical put against it to have diag calendar.

For Spy
Total Delta 19, Gamma -6.7, Vega, 7.05, Theta 3.14
 
Sold SPY JAN IC 124/125 129/130 for $0.50 credit.

Bought SPY 126 for DEC $1.40 right after the FED announce the rate hike. I paid about 10 cent for time value.
 
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