What is your preference option strategy?

[newguy05]

Quote from atticus:

Dual replication -- intermarket [index1/index2] vanilla fly deltas into exotic NTs with switch-hedge [futures time spreads]. Short lookbacks; lookback strangles.

 

[crgarcia]

Seasonal dip buying/rally selling.

 

[Jaques]

Quote from atticus:

Dual replication -- intermarket [index1/index2] vanilla fly deltas into exotic NTs with switch-hedge [futures time spreads]. Short lookbacks; lookback strangles.

A bit special.Can common people trade such exotic options?

Are you trader working in financial institution?

 

[Jaques]

Quote from Tums:

short theta

Does it mean calculate the possible risk and range of certain stock,then create a spread or write a naked in longer term option?

 

[MTE]

On the discretionary side, I don't limit myself to a particular strategy, I trade the one that suits best my particular outlook.

On the systematic side, I have a system that trades iron condors on a monthly basis.

 

[PretzelPiece]

Keep it simple: long call.

 

[RichardRimes]

Quote from MTE:

On the discretionary side, I don't limit myself to a particular strategy, I trade the one that suits best my particular outlook.

On the systematic side, I have a system that trades iron condors on a monthly basis.

MTE
I'm very interested in your IC monthly...do you "set and forget"? do you adjust? Is there a specific delta that you generally sell? thanks!

 

[ManhattanTrader]

an interesting option trade on XLE ETF

XLE ETF option trade

 

[commiebat]

Quote from PretzelPiece:

Keep it simple: long call.

Long calls are probably the hardest way to make money trading options. You have to be an excellent stock picker, which is far from simple - even most people who pick stocks for a living can't do it consistently.

The only way they're "simple" is that they're a one-leg position, but you can get that simplicity in three other ways.

 

[ManhattanTrader]

Quote from PretzelPiece:

Keep it simple: long call.

I agree.

On the other hand, selling premium is surely the easiest way to play options.....at least according to what most people tend to think = you win 9 times out of 10...