Yep, still going strong. Been great since March, even better now, with increasing volatility and higher premiums. I love my job.
High implied volatility. Because it generates high premium. E.g. my favorite right now is OXY. I've collected over 3 dollars in premium over the...
Yes, I usually start slightly out of the money. Once it crosses the strike against me, the option value increases by delta, but it begins to...
61% - That includes each leg of each trade.
Kono, I do monitor throughout the day. That doesn't mean I'm glued to the terminal. Depending on the situation, how many positions will need...
If they go bankrupt, I lose $17,500, less $1300 in premium.
Update: With CSIQ up 10% today, I bought back the Apr 9 17.5 and sold the same strike two weeks out on Apr 24. Thirty five cent credit for a...
CSIQ Trade Update: CSIQ got absolutely crushed last week, along with the rest of the market. It traded as low as 12. I had already rolled down...
This is fast becoming a weekly update of my short put CSIQ position, which I began on Feb. 24 at a strike of 21. So after the worst week, more or...
One other problem, besides the gap up, is that you purchase at 830 and it then goes down from there. It will happen some significant percentage of...
Just when you think it's safe in the market for your option to expire worthless, Friday comes along and the underlying declines by 7%. So with...
CSIQ dropped below 20 this morning. I bought back the 21 puts for 90 cents. I sold next Friday's 20 for 1.00. I had 70 cents on the original. So...
This selloff is yielding some juicy premiums indeed. Consider Bank of America, BAC, currently at 29.34. Next Friday's 29 put is paying 89 cents....
By buying it back. I usually sell something else to offset it. But if need be, I'll take a loss. If I get 50 cents on the initial sell and it...
I had a few stock positions but wasn't short any puts. I typically trade volatile stocks that can lose 20% almost routinely, so a 10% market drop...
I'm glad for the opportunity trade at cheaper prices. Monday morning, with the market down about a 1000 points, I sold CSIQ 21 puts expiring this...
Answered here: https://www.elitetrader.com/et/threads/when-selling-options-what-delta-expiration-date-do-you-like.336016/page-3
The option will not be assigned so long as the premium has time value. Because the option is worth more than the stock. This has been true for...
Here is the essence of it - those who have ears let them hear: trade time value for intrinsic value, if your time frame is long enough, you will...
How long did it take to move from 100 to 95 and what were you doing during that time? What if you adjust when the stock reaches 98.25, a strike...
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