I don't think TT came up with Jade Lizard-however the point of the trade is that put premium has to equal the difference between strikes of the...
+2
Options volume at one strike means nothing-they could be a hedge against another series,another strike or calls or they could have sold those...
Great post-congratulations- I make money too and it sickens me that so many traders have to snipe at others. It's very hard to do this, and we...
To quote(paraphrase) Fisher Black- when you play PIN risk hang on to your b***s. They are cash settled of course, but manipulated to b*ggery at...
Rule one in ANY business: Never be a forced buyer or seller - PIN risk is a sucker's game,but well done you for making $$$$ in the first...
I'm in Surrey- options trader of many years looking for trading buddy to explore all avenues of profitable trading
you cannot exercise a European style option- they are usually cash settled anyway, but you can sell or buy them all day long -I trade UK options...
It's the beginner's trade
I used to trade on IB as as soon as my bids/offers went in a 20 lot would follow my trades-never really questioned it,as I have no interets or...
Of course if you're a good disciplined trader you can trade options and for example as Price Headley once suggested when selling strangles if...
It really sickens me that traders snipe at each other-why do we not try to be supportive? I have always tried to help others-the industry relies...
All options broker will place recognised strategies for you- I rarely leg in to a spread but might buy some spreads and then buy a few more as...
Brighton- couldn't put it better myself- you buy a spread for 10 when strikes are 50 points apart then your odds are 1 in 5. I buy put spreads...
Delta of 0.20 can be taken as a 20% chance of that option being in the money at expiry. Are you sure you have the multiples right? In the US an...
Trading in the UK is like living in a morgue- I don't know any other traders who tarde for real and make money-it's just me I think
You can use Delta as a proxy for probability, or use standard deviations-Bollinger bands are quite handy
Well done,and thanks for posting- the market has not felt right for years,due to FED intervention and banksters being given a cash mountain- when...
I would say all strategies have periods when they work, and knowing that they have stopped working is a very hard thing to understand. I was...
My trading life got weird and in 2010 I was offered some paid work with a charity so heart won over head. 2010 was a terrible year for me and I...
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