Hi Phil, Nice market correction today! I posted this on the other board but thought I'd post it here too: If you put on an SPX AUG05...
Phil, "I bought 45 SPY AUG 126 Calls @ $0.45 ($2,025)." 1) Can you please walk us through how you came up with 45 contracts? 2) What is...
You had mentioned (maybe in another message board) that you were looking into ICs on futures/futures options? Have you started that? I have heard...
Hi Phil, 1) Since SPX trades at such a high value, the overall commissions are substantially lower compared to doing the same ICs on SPY. I'm...
Phil, Makes a lot of sense. I understand your approach during sideways and uptrending markets. What about downtrending conditions? These can be...
Phil, When you switch from ICs to put spreads as you are planning to do in the fall due to the possibility of a fall rally, what happens to...
Phil, I understand your philosophy of keeping the money rolling forward in the 1st week of each month to the next month giving you 45 days to...
Phil, Can you explain a little more your SPY hedge strategy? Why wouldn't you use SPX puts? "I first may be inclined to add SPY puts at 120...
Phil, Regarding the 1185/1175 put spread you just put on for $0.50, if the market continues in down the bullish path it's on, then fine....
Phil, You mention several times in this thread that you don't want to give away all your secrets (although you have been quite generous so far,...
Separate names with a comma.