:( Jul 9 GOOGL was under $550, it went up to $675 in after hour trade today. My Jul24 $600 covered call will be called away. Any suggestion what I...
Thanks for the coaching.:)
drcha and VIXTrader, I have a question for you regarding backtesting: I could get historical stock price, historical volatility #, a historical...
Many systems can be profitable over a short period. For example, in a general bull market period (2009 to present), shorting puts or long calls...
oldnemesis. Here is a specific question: If on May 6th one bought 1-20-16 $125 ATM Calls of AAPL @ ~$9. On May 22, AAPL was at ~$132 so he would...
Chris, Thanks for the advice. My plan now is to wait it out.
That makes sense if the reason he is long AAPL is because he is bullish. If already profitable, how best to hedge? Partial exit, roll up, credit...
Actually I did get in. Probably too soon?:(
Appreciate if you can explain why that is so? Thanks.
It is at $81 and change. So I wait.
Thanks Chris.
Actually your answers are helpful to me. Short term (less than a couple of months?), statistics and equations do help getting the expected and...
drcha, I reread McMillan's section on Call Buying and following the book's example, I created two matrices of potential profit/loss, one at the...
May I ask: In your example, a 15 delta short is ~ 1 SD OTM and 30 delta is ~ 0.6 to 0.7 SD. What is your reason for choosing 30 delta to...
Funny that happened to me too. Seemed like someone was looking at my stops and decided to take them when it was to their advantage. After I got...
drcha, Thank you for your answers. I do have McMillan's book and will reread that section. I did try roll-up to take profit on some of my trades...
drcha, Thank you for asking. A specific example: I am holding long Calls of RIG with more than six months till expiration. Had two chances to...
Looks like your assessment is correct. BABA is at $83 and change. Is it time to get back in or should I wait for the 80/82?
There are academic studies that indicated technical analysis actually worked, e.g.: http://www.santafe.edu/media/workingpapers/91-01-006.pdf...
Great advice drcha. I understand the gambling part buying OTM but insurance? I thought of using collar to protect my profitable long options but...
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