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Stevegee58's Option Trades: Road to Consistency
- Thread starter stevegee58
- Start date
My July NDX and RUT ICs expired worthless over the weekend.
After the adjustments to roll out the call sides the ICs never needed further adjustment.
After a few months of this I've come to realize that on paper these ICs are high probability but in practice the expenses of entering and rolling eat you alive. I admit that I've never really liked ICs all along and now I see why from a practical standpoint.
I'll be moving to directional, high reward:risk trades in the next couple of weeks.
After the adjustments to roll out the call sides the ICs never needed further adjustment.
After a few months of this I've come to realize that on paper these ICs are high probability but in practice the expenses of entering and rolling eat you alive. I admit that I've never really liked ICs all along and now I see why from a practical standpoint.
I'll be moving to directional, high reward:risk trades in the next couple of weeks.