Thanks all for answering the NDX question. I was asking because I'd like to put on some debit put spreads when the SOX starts to roll over and the...
Does anyone here do spreads on the NDX?
...one more that Schwager mentioned repeatedly: the best traders patiently wait for a high-odds trade to really step on the gas. This is probably...
I like to re-read Market Wizards I and II from time to time, and thought I'd post the top 5 takeaways in case anyone might benefit from a...
With VIX this low, I'm not doing any credit spreads -- just not a good deal -- instead buying calls/puts or debit spread.
You're selling premium with VIX at 10? Wow :eek:
So many top callers out there.... signs seem to be falling in place, but man, am I skeptical:cool: I don't think the market will ever go down again.:D
Rally... everyone's got a price... Mav doesn't have to hand over his knowledge for free...
Well, Mav, I gotta say I can't disagree with anything you've said here... thanks for answering. I am curious, what does it take (account at...
Maybe I've got it wrong but it seems you're being quite cagey about your trading. On the one hand, you like to demonstrate your knowledge of...
Hey careful there buddy... the hype meter is edging into red a la George Fontanils and his cronies who claim they have discovered brilliant new...
Cache -- thanks much. What is PoP? Also, I've looked at selling slightly ITM credit spreads as well, depending on how strong my directional...
RM -- I'm thinking along these lines too: - 20% of total capital at risk at any time - r/r no worse than 3:1 (risk 3 to make 1) - drawdown...
Exactly right. Your broker makes money on your winning and losing trades. Your mutual fund takes fees whether it goes up or down, etc. etc.
Wrong. Both debit and credit spreads have negative expectancy.
Oh no... not this comment again.... Maverick are you there? Google "equivalent debit credit spread" and also "expectancy". With a credit...
This statement is true but somewhat subjective... is there a mathematical way to determine whether the credit on the OTM spread is enough to...
Well, yeeeeeeeesh! OK, since that's out of the way.... Coach's gamma curve plot coupled with your comment "when you're ATM, gamma has nowhere...
That's a really good one.... I laughed a lot when I read it. Cool.
Rally -- please explain what you mean by cheap gamma?
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