Exactly, because Sosnoff is obsessed with rolling losing trades until he can get out at breakeven, rather than focus on best use of capital !
Rolling simply to avoid assignment is exactly the reason why you shouldn't, unless you have determined that the new position is the one that you...
You would only "Roll" or "Adjust" any trade because the position you end up with is the position that you actually want on at current prices with...
100% agree, but it's the way retail punters, particularly the TastyTrade variety think, that they will keep rolling losing positions until they...
FTSE has had at least 2 daily rises of 8-9% whilst I have been trading, 2008 & 2020
IMO, trading US Markets can be an "illusion of choice" FTSE Options make trading relatively simple (but not easy) - Large nominal value £80k -...
In reallity, just a form of broken/raised wing condor In your example Core Position is 195-197-198-200 Put Condor + embedded 193-195 / 193-197...
Whether you are paying/receiving premium is irrelevant to whether you are buying/selling the spread In this case the OP claims to be - selling...
You can essentially ignore any trader who says "selling an out of the money debit spread" :banghead:
https://www.hoadley.net/options/options.htm
You can save yourself a lot of pain (and inaccurate RiskGraphs) by using something like Peter Hoadley's Excel Add-In ... quite superb and great...
LOL ... no, I was banned from ET for a couple of years for calling her out as a Fraud ... as Sosnoff/TastyTrade who were shilling her as a retail...
Feel free to block me, can put you in the same Turd Bucket with Sosnoff of TastyTrade who got me banned from ET for years after I called out his...
Looks like #ShitForBrains @Quanto has thrown the towel in and DELETED all posts from all threads, just when it was getting fun !
I've had enough fun for the day, See You Next Tuesday !
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