Every once in a while, I am right. But even a broken clock is right twice a day! :D AZD
I don't know if anyone has discussed this idea so here goes: What does everyone think about the idea of buying deep in the money SPX options...
Key statement: "If it doesn't close above 130 you've lost it all. " Not true. If it doesn't close above 130, you don't receive maximum profit....
From today's expiration close of 132+, it looks like this was the way to go. Of course, hindsight is 20/20.:)
I am king of the bonehead trades, so don't beat yourself up over this one. As RR said, the OIH is a tough one. I have been trading it a lot. By...
True, averaging down is not always the best strategy, but the OIH acts more like an index and the original poster maintained that he was still...
He pays a premium for the spread, but his breakeven is lower and his profit potential is higher. AZD
If you were willing to risk $930 and you are still bullish NOW, then how about this: Buy 2 more Jan 125 Calls at 6.4 Sell 3 Jan 130 Calls at...
Do you hold or fold? With the SPX so close to your strike price and with settlement prices unpredictable (It could settle at a much higher...
What does everyone think about putting on an August SPX (or SPY NDX RUT etc.) straddle just before the Fed announcement? I realize that one risk...
Mark, It's good to see you in this parallel cyberuniverse. :) In your reply, are you talking about a vertical spread or the diagonal...
Sailing, Thanks for the reply. Do you have a specific example of something that looks good to you for the current period. I'm not asking...
Hello everyone. I am interested in learning more about this SPX diagonal that some of you have been doing. I have been trading SPX spreads for a...
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