Vertical Spreads for Aggressive Growth
- Thread starter Cache Landing
- Start date
I guess it was too hard to figure that one out or even look at the first post in the thread
Just teasing Crucis! We need as many random posts as possible to catch up with the SPX credit spread thread.
Quote from momoneythansens:
I guess it was too hard to figure that one out or even look at the first post in the thread
Just teasing Crucis! We need as many random posts as possible to catch up with the SPX credit spread thread.
I was busy and "multi-tasking" as they say in the business world. I'm about where Cache started, but I don't think I'll be able to match his record.
Foolishly opened an AAPL OCT 72.5/75C credit spread for $1.15 on Friday. Now I'm having second thoughts but what to see if the bear market will sustain. Indicators that I'm watching saying Bear---the back of my mind is saying Bull!
Cru
Hey, I can't multitask either. Don't worry about it.
In answer to your question, this thread started with a hypothetical account of $10K, but as I stated that is not my real port value. This thread was intended to relate more to the under-capitalized beginner.
I should also note that I only post verticals with the occassional long call/put (if they are balancing the verticals). I don't include any of the other positions on this thread.
The problem is Mo, when you post a lengthy discussion, you need to break it down into 50 one sentence posts.
Then we would catch up with OC's thread sometime within the next couple decades.
So Rally,
What's up with chips causing the rally today? By my estimations, they should be having a hard time right now.
What's up with chips causing the rally today? By my estimations, they should be having a hard time right now.
Have idea to reduce that time
It's all about the $$$. Build it and they will come....
One strategy is to have a portfolio of 50% bull verticals and 50% bear verticals choosing appropriate stocks to give you perhaps some kind of edge. Essentially, you end up with a market neutral portfolio. If the market goes up, you come out flat. If the market goes down, you come out flat. If the market goes sideways, you're bank.
I think perhaps Cache was doing something along these lines originally, not sure if that is still the case.
I should really have split this into two posts...hmm....
MoMoney.
This is true for the most part. I would add however, that I try to choose tickers that are likely to work out for me regardless of the rest of the market.
For example, if I think the market is going down, I will generally hold bullish positions in something like consumer staples, biotech, precious metals, etc... These sectors havea tendancy to hold up against a bearish move in the market. On the other hand they still improve with a positive print.
I think you get the point..