Please take this as friendly advice: You need to read *much* more before you consider selling straddles. You should be intuitively familiar with...
You're only making 10% per month? Come on... If it were "easy", everyone would be an options trader. If you've gotten 10%/mo with no work, then...
I've downloaded BOX's equity list and use it as a starting point. Today alone, BOX has saved me tons of money (In two cases, I put a limit buy at...
Yeah, and that defense has always worked really well. :-)
Of course. I don't believe it will go up 30%+ however. I have my own statistical model, technical analysis, and fundamentals reinforcing my...
It depends on how you define "edge", I suppose. I could sell a RMBS 65 call today for .20. I believe I have a 99.999% chance of it expiring...
The ultimate is, of course, a La-Z-Boy recliner and a projector hooked up to your computer. If I could figure out a mouse pad solution, I'd set...
Pin risk is essentially the "unknown" of whether you will be exercised at expiration. For example, if you have sold a 400 Call on GOOG, and GOOG...
I'm not sure I understand the shift in your strategy--you had bad luck with losses on selling premium, so you're going to sell even more premium?...
Many traders get stuck on the "tried and true" (vehicles and strategies that work for us). Getting two traders to agree on what is "tried and...
...And? Good experience? bad? Good liquidity? Good prices? Good interaction with customer service? Good statements?
You're right. I was simplifying a bit, but had not spent much time examining lognormal graphs until you mentioned this. A morsel of useful...
Wow, you're right. It took me the 10th time you said "it's all arithmetic" to really understand how naive I was being. It IS more likely for a...
It sure is astounding. You're making the claim that a move to infinity "torching your portfolio" is more likely then a move to 0 "torching your...
It's possible, but it's also possible this is purely a supply and demand issue. People buy FAR more index puts then calls (primarily as portfolio...
Out of curiosity, in what index and when was there a 10-30% gap down overnight? The biggest move I could find in the last 7 years (on ES, at...
If distribution were irrelevant, then you have found a secret that no options trading market maker has discovered in the last 30 years of trading...
A naked put or naked call is no different from actually buying or shorting a stock, risk-wise. There is a difference benefit-wise, but that's why...
You're not a lawyer, are you? :-)
This is all interesting, but I've got to wonder, didn't your lawyer tell you to stop posting? Your continued posts show your hand, risk libel...
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