WCG did trade at $0.45 today. However, at the time my trade was initiated, the the bid/ask was 30/45. Unlikely that I would get filled on the...
Sold puts on $40 WCG for March. Credit $1.35 Annualized % return....... 14% 5 yr chart below: otm safety cushion...13%...
Further update.... part 2: Having closed my earlier one dollar, $17.5 Jan covered call trade above for $0.30 (keeping $0.70),... today I sold...
I see the July one credit trade that took place at the time of 12:21 5.9 - 2.9 = $3 It's a call trade. Not a put.
And don't forget, this 7 month spread is a so-called "conservative" trade. :confused:
I don't look for turning points. I look for stability points. I feel if I can determine an approximate stability point, the turning point...
My trades generally last 1 - 3 months. If I'm going longer it's not to get a higher % return. It's to get a lower strike and a subsequent higher...
I base it mostly on tech support. Mostly the 2 year chart. Sometimes the 5. If the stock is trading at 25, and there seems to be some support...
Correct. It isn't that I don't care about a stocks volitility. I think about the stocks vol every time I follow a dropping stock, select a...
I assume you are joking if you expect me to recall exactly where a stock was trading and what it's IV was on that day, when a trade was initiated...
Pick a stock that pays a dividend.... if you can find one. It will cut into your credit a little. But it's a good back up plan, just in case...
Good skill to you. :p
Your statement is incomplete... but I'm sure it was ment to be. BTW, in a sense, I feel I also trade volatility to some degree. I just do it...
I'm not sure what your definition of a "stong" company is, as I don't recall ever using that term. My terms are "financially healthy and a...
There are $5 stocks that pay a decent credit (relative to the strike price), but are they decent companies worth the risk??? I would suggest...
I really don't recall. I can simply say when the VIX is higher I generally have higher % returns. During 2008 - 2009 I think I lost money, as I...
I don't recall discussing "repairing" a position. I don't think of buying a naked put that drops below my strike as an exercise in repair....
Nothing wrong with closing down a position for a loss. I've done it myself. I just don't like it when that is my only "choice", to manage a...
Hard to generalize. I generally want to keep more than 70% of the potential profit, before I'll consider closing it. Sometimes more than 80%....
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