Totally agree I only trade options and began in2008 I spent 82k in commission and made 0 then I found a mentoring group and earn a living at it I sell only and trade for income
I only sell option using RUT. I sell puts at 10 to 15 delta 20 wide spread dte at 45 and 70 lot of 10 or so then buy one a put debit spread one strike otm 20 wide as a hedge, then sell call at 8 delta about 2 or 3 contracts Key to making money is managing delta keep below 25 either plus or miinus. Will Also sell puts on stock I would own but most of them are priced too high for me at the moment
if the messages are staged then the signal is tapering will begin-just a guess of course.
to build loan loss reserves for banks and reduce unfunded pensions- this is largest unfunded liability in the world
7 times. Seems very odd
their loan loss reserves now planning to wrap them into bonds backed by rentals and of course sell them to retirement funds. It begins again.
Totally agree,all this qe stuff has been about the banks, their balance sheets are worse than we know. also much unfunded government pensions
call and put at about 35 delta
The way I have been playing the downside is to sell well otm puts and use the credit to buy puts just otm. Its worked ever time, fairly low cost approach. Been doing just the same on the upside using sold calls to buy verticals. I usually go out about 30 to 40 days
within a week has corrected 1 to 2 percent, that would mean this week.
rut vol is actual below its annual mean in range at 16ish upper qtr would be 18
however in each of last two day rut has had a two std dev move ie only a 5% chance of this, could be a bad sign but with all the fed money history is unclear
bar above the buy line
correct rut has moved 2 std deviations in each of the last two days, very very rare. history makes hard to read with all the fed money pumping stocks
Totally agree. I am 62 and haven't bought a stock since aug 2011 debacle. been 90% cash. Have learned to trade option for income like selling put and iron condors. Waiting to get 5% interest again hopefully some day. Will never buy stocks again only will trade options for income. Ben really screwed savers and retirees
keep it coming