if you are just buying options all you risk is what you pay for them - i.e., the maximum loss is 100% of what you pay.

these animated stats things on youtube are fun.... video

.... to capture anything downside I sometimes put on flys, usually 2-3 weeks out, and 50 pts wide min., I won't spend much more than 50c. These will have a wide profit range up to expiry, at least 200 pts, rising iv's do not help the maxP but extend ...

...Typically I wait til after NY lunch time to put on weekly trades on Monday. Did SPX 4010/4025 Mar5/8 for 15c debit. Can't get low cost debit on similar width puts....

I have been leaving off the double diag put side, because the skew makes you go wider to get a small debit for the put diagonal, but $3 is usually enough. If you go$3 on the puts, do the same with the calls to balance the bp hit. You can put on the ...

Monday's 1week SPX call diagonal

cut loss -$0.15 net

this one was looking good until today....still, if SPX will regain a little bit tomorrow, it will come off for a profit. In a bull market I generally put these on Mon or Tuesday for a Friday/Monday time spread, do it 4 x a month, try to put it on ...

bread n butter

possible to set up risk-free 2-way back spreads into earnings that have infinite profit possibility..... IF there is a very good iv rush up into the ER date and IF you close the spreads b4 the iv's crash INTC modeled below with 2:3 back spreads and ...

COOL - Hey if you are trading ratio spreads and want to share any set-ups, feel free. I am not going to trade fx options but I can tell you, these are a very safe strategy for equity earnings set-ups. "Safe" need not mean "low profit" - these can ...

Here's a decent vid on back spreads, guy sounds like he might have been inside the CME, Chicago accent a little, anyway he explains a simple idea about delta's in these spreads. video

ok Money maybe we can work together on some story stock trades, maybe not, we'll see. What I'd need to do nice call back spreads: stock is about 3-4 weeks past its last earnings release date; it's looking to put on a nice steady bull run 10% or ...

What do you think the chip shortage will do to some stocks?

Image shows a AAPL back spread. You can play around with the ratios - I will look to put these on within a week or so after earnings. The iv's have crashed and buying the options gets cheaper. The sweet spot ifor the spread is probably 2 months and ...

Hey Money! I hope you have been well. I haven't been interested in posting much, as can be seen. Still trading same old fool mode, although I have gravitated into SPX much more. Same old shit, mix of time spreads, iron condors, etc. I have been ...

watch all the videos on tastytrade. Any broker worth a shit has paper trading accounts.

RISK-free trade, SPY Dec17/31 $435/440 diagonal calls, 80c credit; Dec17 $445/450 vertical calls, 78c debit. Max return on a 10-lot = $2,200. Is it worth it?