There's no bar exam for trading, or medical schools or residencies People look at it as something anyone can do easily, and so they go ahead...
this is awesome!
Try using a paper trading platform like Think Or Swim's (it's free) for a little more realism.
Hey, Sold out of CMI when it was at ~74 (Sold call option for $4.20) +160 ABT is most likely going to expire worthless for a $125 loss. Oh...
Nice call flyinglead, although I'm still glad I didn't get in on it, kind of illiquid (50K volume). Hope it goes well for you! I held EGN for a...
Hmm, yeah a breakout above 70 would be very significant, I will definitely be keeping an eye on it
The inverse mimics the percentage not the dollar change - that wouldn't make any sense. If SPY is up 10 bucks, or 10/125 = 8% So, SH*0.92 =...
You're right, but do you understand what I am saying now? I believe possible screw ups with this would be tracking error, which could be...
This seems to be similar in principle to Buying a stock, selling a call and buying a put (a conversion). Except in this case, the Put you are...
Of course, I completely agree. I just thought that the use of inverse ETF would bring the same effect WITHOUT being naked the call.
Ok, if I understand you correctly: August 1st: Buy 100 SPY Sell 1 Aug Call Buy 100 SH (1x Short S&P 500) Sell 1 Aug Call The SPY...
Thanks xflat. I understood most of what you said and you're right that the positions offset each other. Perhaps from the brokers point of view you...
Ok, I seem to be wrong but still don't completely understand why. When you write the call you receiv the premium, you don't care what the price...
but you still own both so you can meet the assignment of one and then sell the other, and start over
when you are writing a covered call, your downside risk comes from the stock declining more than the premium can offset. Since you are delta...
cvds, I don't understand You are long: Long etf, 100 delta Long the short etf, "-100delta" In effect you have 0 delta in theory , And...
unless I'm missing Something that should be obvious, if Your net delta exposure is zero then you would just Collect the call premium and...
make your range Larger
Wouldn't that be a risk free way to collect call premium ?
So after reviewing some charts, I think EGN might also be good to pursue ... I'll let you know if I go long IBN, short EGN I really need some...
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