Thanks for your reply. The reason I asked is none of the technical analysis worked for me. They worked well when I used them to back test. Going...
Thank you for your reply and coaching.
botpro, I am not trying to take side, just someone new to options trying to understand dynamic hedging and your thinking. I actually enjoy your...
rmorse gave you an excellent suggestion. I often let the market decided for me: If I were selling ITM calls to close out my position, I used...
I don't quite understand your situation, did you sell at market? Otherwise why did you offer $1.92 when the intrinsic value was $2.32? Usually...
drcha, A lot of wisdoms in this short reply. However, easier said than done. What is your opinion on all those published technical indicators...
I for one appreciate your post and excellent advices as they summarized the painful experiences I accumulated over the past 3-4 yrs of trading...
Your actions are not consistent with the title of this thread: MCD is in trouble? Can you please enlighten us your rationale for covered puts and...
Thank you for the reply. Make sense to me. Personally, I stopped using stops even for underlying. Several times I was stopped out and the prices...
Let me see if I can understand what you said in plain English: Let's say you establish a diagonal spread with long ATM call for the far leg and...
What is your rationale? How about going with OP's 12 contracts but only mentally stop @$1.35?
Is it true that when you are long, you will you be stopped out at bid and if you are short you are stopped out at ask? If so in thinly traded...
I thought most here would say selling put is the way to go since puts are usually expensive?
Thanks for the coaching. What is IWM, HL and SS and TF? Regards,
You are telling me the grass seemed greener on the other side of the fence but is actually not. :( Perhaps the best position is be a market...
No because in my world, the broker only allows me to do "buy-write" or covered calls. So, my return at settlement will be gain/(cost of shares -...
May I ask how do you determine/know your profit target/potential is 80% vs 100% when you enter a trade? I appreciate your advice. Another...
But, but, but, I am looking at it purely from a return on investment point of view. To the economists and financial gurus you are correct, to me...
You are so right. The pain and joy of going long on options. In the interest of sharing experiences, been there done that.:(
If the market rallies 10% and stay there, your ATM options on a percentage basis will usually be up more than 10% after the 6% cost. So, the whole...
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