GM – 09/20/16 When I entered this trade GM appeared to be in a range from $30.00 to $31.25 with low implied volatility. On 9/23 I rolled my 9WK4 to a 9WK5 position because GM had broken out above my range to $32.29. By 9/30 it had come down some but was still to high […]
Category: Calendar
QQQ Look Back Trade – Calendar
QQQ – 6/30/2016 This trade in QQQ was actually a test trade I did in my virtual account. The only reason I put it in the book is to give you a good example on how I test out new trades and how I am always looking for a better way to bring in premium. […]
Calendars
Calendar’s can be a good way to trade a range bound security. I have a number of formulas I use to determine if a particular trade shows promise as a calendar. Most of them can be broken down into this simple statement. You want to sell more time than you are buying. What does this […]
Calendar
Calendar’s can be a good way to trade a range bound security. A Calendar involves selling a short term option at a closer time frame and purchasing a longer term options at the same strike expiring a number of weeks/months later. You can place a calendar using either calls or puts. I usually base which […]
