lowvol, I think you're making this more complicated than it should be. To win on a long straddle/strangle you essentially need the underlying to...
The trade was a QQQQ 47/48/49 Sep/Sep Quarterly double diagonal. It was Sosnoff who discussed it yesterday, and I asked him during the chat why...
IV, is the problem that back month vols are not dropping enough due to the elevated vols throughout the market?
Murray, What extra analysis features does thinkPipes provide?
I second the RUT. Great liquidity, nice volatility, overall nice trading product.
Assuming your brokerage isn't trading against your positions, then as long as you continue to enter and exit positions they make money. The...
Why are people flipping out about discussing the TOS "test"? It's essentially options 101. TOS wants people to know these basics. Discussing...
Enjoy the ride while it lasts. Diversify your assets into other non-trend follwoing strategies. What else is there?
Kick ass trade. Vols drop 1 pt in Jan 08, spot wtf down, still a winning trade. This is what options are all about. Screw direction.
Speaking of splitting the bid/ask, cool new feature coming to TOS in the next week or two. You can set a stop based on the underlying price which...
Quite frankly the crime alleged, while despicable, is small potatoes compared to some of the trouble other athletes get into. What I find more...
The point is that short put/covered call is not a hedged position. Full downside exposure does not equate to a hedged position. If you plan to...
Too bad. Would have been nice to see the ICE mix things up. Long live the Evil Empire!
Reality check- people still come to this country for skilled jobs and education. The US still imports a couple thousand doctors each year. And...
Pabst, I'm enjoying your journal, and congrats on last month's return. I especially enjoy the honest assessment of your last few posts. Seems...
The main benefit of a high win/loss method is that you can somewhat withstand periods where your win rate drops. Drawdowns can be larger, but a...
The free commission from TOS is for buying back SHORT options for <=.05, NOT for selling contracts.
Rallymode, I agree that you likely won't come out ahead just buying otm Puts each cycle. Personally, I think if someone's portfolio is...
vetten, Selling futures works as well. Just need to have a plan to limit losses on that position if the market rallies again. Alternatively...
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