How many extra wings would you buy?
Thanks for the input, RichardRimes. I have learned a lot from you on this and other posts. Again, thanks Torontoman
Yes. This helps. However, if I understand correctly, your explanation does not involve adjustments when the the SPX approaches a certain point....
Thanks for the input RichardRimes, but I don't understand. Could someone give me an example? Torontoman
YES. You're right. My error.
I think that you should paper-trade before you quit a well-paying job.
Perhaps I am naive. Let's say the SPX is at 1400 today and I want to create a 1465/1475 credit spread for .65. I plan to use strict risk...
Does anyone agree with jj90? It might be a good point!
My thinking here is that you would roll a higher quantity so that you can make up for the loss. You're rolling because the market moved fast...
Is my thinking wrong? Let's say I get a far out of the money bear call credit spread on an index, which expires in 6 weeks to two months time....
Maverick is definitely correct when he says that stops do not work. Questions: 1. Is it easier to take off your spread at certain prices...
Are there advantages to putting credit spreads on the S&P Futures vs CBOE S&P? My experience is that S&P futures options trades are not that...
You have a good point Ambushbilly.
Thanks everyone for your great posts! Any other comments would be appreciated.
Here are the details. BTW thanks in advance. last week, NTRI gapped up on earnings & guidance big time. It closed up 13.5 % to 49.79. The next...
Does anyone have any ideas on how to repair a credit spread when it's beginning to look bad? Thanks in advance, Torontoman
Whether it's SPX or SPY, it's the same. Just the multiples are different! Torontoman
Thank you for your reply Maverick. The 1490 Mar spx call sells for 2.00. The 149 Mar spy call sells for....Oh. I see what you mean. Out of...
Why are people selling spy options when spx options have better premiums? I must be missing something. Your comments would be appreciated....
I'm thinking of attending his seminar. Any comments? Thank you in advance, Torontoman
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