rdemyan, Yes, you're steps are correct. Only difference is that I'd probably roll down with one trade instead of two -- buy a regular...
MoMoney, You're right, the % return on margin of the iron flies were greater than FOTM spreads even after adjustments... BUT the position size...
MoMoney, Extractor, I was doing 15-pt wide iron flys on OEX for the last two months and adjusting (into a condor) as the market dictated....
Donna, the guys at TOS told me that the market usually goes up during opex week.
rdemyan, Please think through my example where I increase the margin but split it across two different months --looking forward to your feedback.:)
I wanted to see if there is a way to put more money to work on credit spreads without increasing risk outright. Well, there isn't, but the...
While I've got a couple of very good systems to trade long, I've never been good at picking downtrending stocks. What is your approach to...
Rolling Up 1270/1280 to where? If you draw a trendline starting at the highs of Jan 2004, it touches the highs in Feb 2004, Mar 2004, Jan 2005,...
Coach, TOS support told me they'd be adding this. The client tells the software which adjustments to track for which positions. You may want to...
Extractor, I'm not "a programmer or real computer expert" but I've had exactly the same issue as you, and have talked with TOS about it. The...
Extractor, why are you looking at MNX?
Murray, I went through the examples in detail. On the diagonal, you had the farther OTM strike in the near month. I'm used to seeing it the other...
I'm in a similar situation (1270/1280) and am also looking at options. What I've decided is to first figure out if we're done with the rally or we...
Sounds like you're having a bad day, so let's clear this up. 1) I'm nowhere near to being in the "top trader camp" as you put it. I'm learning,...
I'd bet you can split the traders on this board into two distinct camps: the ones that are using their lunch money for trading and the ones that...
Murray, thanks for posting this. I only got around to looking at it today. I'm looking at: 1) Calendars on indexes 2) Using cals to make my...
IVTrader, I exactly follow what you are suggesting and have looked at this strategy myself. Your total margin is $40k, your total credit is...
My understanding is that historically, the market usually runs up during exp week. Id someone has the tools to check this, it'd be very useful.
A lesson I learned last month is that I will NEVER hold on till expiration unless I am miles (>50 points) away from the short strike, and even...
DEC 1280/1290 going for $0.85 credit. Anyone tempted?
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