I completely and emphatically disagree. If you want to get filled at the current market price, place a LIMIT order at the current market price....
I'm not sure I understand. How can you get an opening order filled for a loss? If you place a limit order, you should be filled at your limit...
I think you missed my point. It is very easy to sell options, have 70% of your writes profit, and still lose money. The idea is not to merely...
There are two outs. You can be out of the money, or you can be out of money.
You should have kept reading. Later on that same page you linked: Besides, winning 70% of the time still doesn't guarantee you a profit. We...
What on earth could bring anybody to make a ridiculous statement like that?
What I'm saying is that you can't trade a bunch of options randomly and rely on bare probabilities to make your money. You have to do whatever you...
Casinos do even better with thinner margins and higher payouts. But they (both counters and casinos) place enough bets that their returns converge...
I think we need to distinguish between option positions that are statistically high-probability trades per se (e.g. DOTM writes and spreads, wide...
Delta is the probability that a particular option will expire ITM. Once you know your break-even point for a position, you can use the...
If the options are a month or two apart with similar IV, any IV contraction should hit them similarly. The calendar is not usually an IV play...
I've dabbled in calendars, haven't traded them much. Like any other combination with a short leg, the calendar is a bet on the short leg...
If you have a better intuitive feel for one equivalent over another, that is a perfectly valid reason to prefer to trade it. The last thing you...
I'm not sure what exactly you're missing, but I can tell you for sure that a Jan 270 call won't give you a positive return on a stock that "goes...
I'm not sure what that sentence means exactly, but if you're assuming the price of AAPL will go to 190 and comparing the theoretical returns of...
If you can explain to your broker why what you've been doing is equivalent to what you'd like to do, and you've been doing it for a while, that...
I think it's a quirk of your software. Unless an adjustment is such that it completely closes a leg of your position, I wouldn't be booking...
The fact that about 255 plus about 1524 equals about 1770 suggests to me that your software may have counted the $255 as realized when you...
I and others have had bad experiences with Yahoo option quotes. I would not rely on their data. You can get free and reliable delayed option...
Oh, this? "I don't care which you trade because they're all priced fairly + risk premium for me." There is no + risk premium for you. The...
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