If his IRA wont let him have an uncovered naked unit for the ratio spread because they are worried about the unlimited risk that is easily covered by buying a SUPER cheap and way OTM put to turn it into a butterfly spread.... its just an exercise in ...

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Hey Sisse Hope you are doing well brother. Ive found my niche of consistent profitability in trading options as opposed to spot FX. As I explained earlier in this thread I really consider options trading to be more "volatility" trading than ...

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ya I typically try to capture that volatility... the Calender spreads are + vega so if it spikes up nicely without the underlying breaking out of the range Ill often close the trade the day before the big news release since many times after the news ...

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GLD isnt really in a actionable area for me to take a directional trade yet... nor is IV high or low enough to make a play that way per my trade plan.... need a nice spike in IV or to rally up to the mid 141's for a short position

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still indecisive... no doubt the market will continue to oscillate in a range upon awaiting employment data friday

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Good to see Sisse in here Took the opportunity to place another range capturing trade on today. Got a .74 credit on a IYR June 73/76 68/65 Iron condor... 68 should be a tough nut to crack and the trade is already moving nicely into profit as the Vix ...

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pretty awesome close... confirmation of mid-term technical top put in across the broad markets

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Welcome to the party brother, Although I am fidgiting around with these weeklies right now... the bread and butter is still trading off Daily/weekly/monthly time frames using monthly options strategies on very liquid instruments Put on another iron ...

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CG you been busy brother!! I gotta take some time and review your positioning

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ya I see em.... just need a little drop in IV or a quick punch up in the underlying to get price down there

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could always go back to trading the Euro.. :vomit:

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out for a small loss ( bid em back for $.86 when the underlying stock broke)

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got it brother... opened a demo account to work a little more on my shorter term gamma scalping stuff CG still running my longer term spreads and things though... my SPY put ratio spread( entered @ 168.50 on spy) and FXY Call ratio spreads( entered ...

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volatility working its way up pretty good on tlt... I like just below the 113 level personally.. but I also have the 109.60/110.00 area marked on my charts down below also watching /ZB closely.... 143'00 is a huge breakout level on that on HTF's

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You're in on GDX? nice dude... good luck

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Bid for stock of EXC @ $32... SL below $31.70 looking to wind it into a Vega nuetral positional long trade.... I think we could see 35 on it October ratio spread looks about right... great R:R

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Potential HTF topping pattern being put in on the major indices.... If correlations hold(noguarantes there)... TLT should find a bottom as well todays close will be very telling IMHO

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end of day spike in bond yields knocked me out of TLT for a -$.18 loss on the spread... Im verrrry curious how the 113 is going to play out... Sold some July $24 puts on AGNC when it dumped hard today... got in for $.81 credit Ill close the trade ...

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Ya I was sort of counting on a bounce from around here when I placed the TLT calender .... its actually good we had a speedy arrival into the area... my risk is what it is, Ill exit the trade for a small loss if the underlying closes under the 114 ...

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If TLT is going to bounce... now is the time... clear sailing to the high 112's below 114.40

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