I am aware of that. but when you buy the 133 call you will be buying theta of .10-.15 per put which will decrease when the market moves down or...
you totally lost me with this one. My strategy was meant to be considered independently from your spreads and not mix deltas between the two...
coach, i am aware that there is no perfect hedge because the spread is too wide thus anything you do with spy or options will only bring you...
What you said doesnt even sound like a hedge, more like a suicide :D The reason i asked is because i've been on a search for a better hedge...
ok, BRCM JNPR MRVL AAPL AMD YHOO :)
coach, i have a question for you with regards to margin. I am sure you have the answer since your spreads require a huge margin. Is a large...
well, with risk to sound like the people we just mentioned, whats good for me probably won't be good for you :D ...but i will post some of my...
I know what you mean. I think the SPX is perfect for consistently bringing in money month after month or growing a portfolio. SPX spread selling...
I know some of you do trades on individual stocks. Without going offtopic, is anyone willing to share what other positions they have open? I am...
I think today will be a reversal day of the recent rally. Last two positive days including todays start were based on thin air in my opinion....
What i like about diagonals is that they really reward me where my credit spreads throw me for a spin. That is when the market is near my short...
Nope, the bids around the 1220 area are pretty much non existant, unlike the bids on the spx. Selling them, even twice the size won't yield much...
Yea i figured that wouldnt work. Infact i tried to place the trade in my IB paper trading account and it said i needed an initial margin of...
optioncoach and anyone else trading with him, I want to throw something out there just for the sake of discussion. Let me use the last trade...
I will also look into trying it out with the 10:7 ratio on a 35 point spread like you did. That seems the best possible scenario, given how...
This started looking to me like it was too good to be true and as i know there are no free lunches i did further research to find the problem. Now...
Ok guys, you got me intrigued on the diagonals and as me being the curious nature always looking for new ways i spent some serious time...
Correct. My risk/reward with a spread 20-30 points away is usually at $3.5/$1.5. So when i double, i get $3 which almost covers my initial loss....
[/b] I suppose you are talking about buying calls/puts at support/resistance points and not naked selling?:D I am not really a big fan of...
Great questions. That's why i have some safe guards in place. 1) I only double two times with calls and 1 time with puts. Therefore, i dont...
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