I like their sweaters... :D
These spreads are initiated near the money, with strikes 5 points apart. The most they lose is 5 points, minus the credit. Or about 2.5 pts....
!!!
Here's one from ET's own Phil Budwick:...
These spreads are structured to be more like a 50-50 bet. You win about $2-$3, or you lose about $2-$3. Depends on your credit received and b/a...
Happy BD! (AV-8B Engineer) [img]
Pretty funny. You have to be kidding, there is no way that is CHEM spraying...and...heck...I forgot what I was saying... I - Love - Obama - I...
Welcome back, John! You do realize the mods can check your IP? :D
'Surfer's parents must have ignored him as a child... :p
Sure seems like the powers that be will do whatever it takes to keep the US heading upwards. The same test only shows close to 50% up/down...
And SPX from 1962. You guessed it - up months still hit 60%... Third Friday to third Friday changes (at Close) for SP-500 Start...
This might be encouraging for you backtest freaks - how about DJ-30 from 1915? Yeah the data might be a little suspect and there were no options,...
I don't have SET data, but here are the Friday closes. Third Friday to third Friday changes (at Close) for SPX Start 19980320 Price:...
Here are some more data for monthly index (XEO and SPX) closes. Keep in mind these are third Friday closes. Third Friday to third Friday...
There are just 10 kinds of people - those that can write code, and those that can't...
For you data mining geeks and backtesters, here are expiration-to-expiration changes for SPY. Changes greater than +-5% are highlighted:...
Oops. Yeah, haven't had my coffee yet... :p
Thanks. Yeah I'm certainly not against increasing size (carefully). It's been good to me too. A "standard" martingale double-down will...
Thanks for bringing this up. A rough calc shows winners are approx: 63 X 2.5 = 157.5 pts. And losers: 37 X -5 = -185. I know that losers...
[img]
Separate names with a comma.