I get it man. I like buying cheap options for a nickel or less right before expiration, Ill lose my 50 bucks or whatever most days but every few weeks Ill make 5k. Easier to tell the woman I lost $50 almost daily than losing 1500+

Let's Trade Options

Ya man I got sassy with my options trading lol Good to see another familiar face brother. I got engaged and pretty much just been living the dream for as long as it can last. How you been? I haven't talked to Jon in a few months. Last I checked he ...

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Who all is still around from 4 years back? Cloggie ever pop his head in to rage under a diff name or anything?

Let's Trade Options

I love HI brother. I moved there back in 2013, in fact I think one of our last PMs was right when I moved before I bailed on FF for the beach. Its also why I pretty much only trade options longer term. No way in hell I'm getting up to trade the US ...

Let's Trade Options

I even found a better position trade on GLD Check out a June 116/107 and add in a short 125c as the target. You could snag all that for about a .40 debit Net yourself a .60 delta trade with a $600 max profit per contract and the risk is owning GLD ...

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Ya man I love calenders, cheap an you now your risk, plus its great to keep rolling the short unit once it expires. I put in a SPY 223 one recently that totally sucked, haha. But its all I saw at the time.

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Ya there is a ton of black swans that can happen, and everyone is still heavily bearish on the markets due to those potentials. Funny thing is that's exactly what drives these bull markets higher. Id LOVE to see a 20% drop, Id buy the piss out of ...

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Ya man they are great trades... For instance f you wanted to do one on GLD right now You could sell 2 June 17 102 puts and buy 1 june 16 128 call for about .~18 There really is no maintenance other than let it run, if it expires in the range you are ...

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No question, I can easily make a case for DOW 30k in the next 4 years with trumps econ agenda being pushed through so aggressively. The major battle will be fought with the Fed. War is a wild card as always but considering that what trump is doing ...

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Entered for 1.16 credit for good measure I bought some april debit spreads 130/120 for 3.35 too Ill pull the spreads if we close over 130 after the 1st hour of any trading day Target down at 125 *Yawn*

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Ill tell you man, Ive pretty much given up looking for correlations on anything except maybe the $DXY in relationship to commodities and currencies. All the bond yields, gold, oil, sector rotational crap....its unreliable with the new ...

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AAPL closes below 128.60 at 9am Hawaiian time(my time) and I'm short this POS with a Mar 130/135 bear call spread for at least 1.00 credit and about .45 risk per contract

Let's Trade Options

PTL! Whats up you old sneaky bastard? Yes My re-emergence in a harbinger of something.... I'm leaning towards boredom and a new computer monitor I needed to fill with something inane, or it could be much deeper and philosiphizinger That being said, ...

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I dig those diagonal spreads. I like just rolling the short unit over and over for at least like .25 until it hits the target. Nothin like a theta positive debit trade. Just gotta be careful of explosive moves or a massive drop in vega. But honestly ...

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Hey guys. Lookin at $DXY to rule the markets for awhile. Lookin at the 99.15-98.85 level to swing on any currency item. Ill likely use the yen futures maybe the cad.

The Swamp

Good man, gotta leave the past where it is. Other than getting engaged Ive been scraping by myself, living the proverbial American dream and drowning in the seemingly unescapable debt cycle while I watch the entire world slowly circle the drain. ...

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For sure brother. I was pretty close to death a few times on some benders, but I managed to pull through. I'm still kind of doing the same stuff I was doing 4 years ago. Longer TF options plays. I find the dumber Ive made my trading the better its ...

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What's up guys? Miss me? This thread has gotten huge. I like seeing it. I'm almost exclusively trading options these days along with some futures. Finally got to a point that I'm living off residual trading income. Took freaking long enough. Missed ...

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Agreed... 1st week of September sounds like a good time to reconvene Gotta work on my tan till then very passive trades running in the background... Really just some range capturing calenders on IWM,HYG and AAPL Calenders are always a crap shoot but ...

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Finally... Survived my July 105/114 TLT short strangle when bernanke killed the usd... Made my quarter on that move trading spot FX.... Taking the rest of the summer off.... 1st half of the year has been pretty good

Let's Trade Options