I was looking for the ATR and TR of the QQQ, but couldn´t find it. So what would be a substitute for it? I would have preferred daily.
Trading Long Straddles
- Thread starter falconview
- Start date
Also you must be aware of horizontal and vertical risk if the angles intersect, this is known as the Neptune affect. As long as the H&V angle is less than 10 degrees then you will be OK, but if it's greater than 10 degrees you could be in big trouble. Maybe a margin call or total liquidation of your portfolio.
atticus .... any comments on this?
Forex Forex
You lost me completely on that one.
Atticus is the consumate professionals professional. Right to ask him.
You lost me completely on that one.
Atticus is the consumate professionals professional. Right to ask him.
OK ..... Hopefully atticus will reply.
I´ve been wondering Forex Forex, why you are not trading that expiration Friday trade with REAL MONEY? Seems you have enough working samples of success now?
SLe
I accept there is something about VEGA that is supposed to be telling me something. What I don´t know yet? Haven´t seen anything so far, but then market movement is shallow.
SLE comment about using the square root was interesting. I just got to try it on .10 Vega. = .31. I am assuming that using the square root according to your comment, if I understood it, will actually give me some sort of hint of what VEGA is good for?
I accept there is something about VEGA that is supposed to be telling me something. What I don´t know yet? Haven´t seen anything so far, but then market movement is shallow.
SLE comment about using the square root was interesting. I just got to try it on .10 Vega. = .31. I am assuming that using the square root according to your comment, if I understood it, will actually give me some sort of hint of what VEGA is good for?
Pre Monday morning.
Well a look at things and formulating all this new knowledge, trying to make sense out of things for this novice. I see the market is going to drop on the opening? Wonder how much?
My record keeping reveals something interesting. I think I could and probably should be trading volatility trends, and not index trends? Anybody got anything to say on this? Of course in a buying nature of Long Straddles, I would be confined only to trading Bear trends if one uses volatility trends to trade by. You could trade the other way, but you would have to SELL premium the other way in a bull trend. I´m undercapitalized and don´t like the idea so much, for that. Still will experiment on paper, with some idea of trying the Bear trend trading by volatility, instead of by index market movement. See what happens?
Well a look at things and formulating all this new knowledge, trying to make sense out of things for this novice. I see the market is going to drop on the opening? Wonder how much?
My record keeping reveals something interesting. I think I could and probably should be trading volatility trends, and not index trends? Anybody got anything to say on this? Of course in a buying nature of Long Straddles, I would be confined only to trading Bear trends if one uses volatility trends to trade by. You could trade the other way, but you would have to SELL premium the other way in a bull trend. I´m undercapitalized and don´t like the idea so much, for that. Still will experiment on paper, with some idea of trying the Bear trend trading by volatility, instead of by index market movement. See what happens?
I am trading REAL MONEY. My last QQQ Strangle trade was last Thursday, closed the next day - which was expiration. I bought a QQQ 58C / 57P Strangle for $0.31 fifteen minutes before market closed on Thursday (July 14) and sold it for $0.11 fifteen minutes after market opened on Friday (July 15). Loss was $24.00 including commissions.
At the same time I entered a GOOG 600 Call earnings play for $0.35 and sold it the next day for $1.20. Profit $83.00. The GOOG trade was posted live on ET. http://www.elitetrader.com/vb/showthread.php?s=&postid=3237433#post3237433
July 15 - Screen shot from my IB account - Times in PST, add 3 hours for EST
Forex Forex
Thankyou for the clarification. Would it be right to say you are doing better with GOOGLE than with QQQ? Overall. I´ve heard that Google is a big swinging stock. Very volatile. What is it costing to do a Google trade I wonder?
Thankyou for the clarification. Would it be right to say you are doing better with GOOGLE than with QQQ? Overall. I´ve heard that Google is a big swinging stock. Very volatile. What is it costing to do a Google trade I wonder?
How do you choose your underlying?