You Might Be Trading Iron Condors & Strangles Wrong. Do This Instead | Options Concepts Explained
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- Опубликовано: 6 июн 2023
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I am a visual person and would like to know if you can show on the platform when you go thru this. Sorry, just start learning the options:)
I know, right?! They never do that, although the platform has the best visual risk-profiles, go figure 🤷🏻♂️🙄
@@bubblybull2463 Try watching some of MIke and His White Board videos. They were shot years ago, but he gives visualization of some of what thery're talking about.
Pretty detailed explanation, awesome, thank you! I watched some old tasty content a while back where Tom and Tony covered "marginal cost", which was a number that showed basically the risk vs. reward of going wider or narrower on spreads. I only remember it because I have it in some notes and I have here that it was calculated as Credit÷BPR, but I can't find the video where they talked about the implications of the numbers. A lot of good content over the years. Thanks guys!
hello
how do you define the wide of iron condors wing?
what should to be the max delta for buying leg 5 delta or 2 delta?
thank you
Interesting...I just did a one week 15 Delta IC on NVDA and the modeling showed that a ten lot with $5 wings yields roughly twice the premium as doing a one lot with $50 wings (using the same buying power for both).
Re; Rolling too far out in time: Is this just a relative thing? in other words, if you started with 30DTE and you roll it out to 120 DTE, is that the same thing as rolling a 7DTE out to 21DTE? or do they just mean some absolute number of days like 90 days and longer?
Wondering, does 45 DTE $120 strangle on TSLA makes sense? Strikes are 1 SD, Credit is about $6
Good segment, fellas. How about some more on defense or exit guidelines on defined risk spreads?
When do you just admit a credit spread is just wrong and take the loss and move on, 2 times the max gain ?
With 0dte $10 wide 1 contract vs $5 wide 2 contract?
Are there vehicles like spx that are tax advantages but not as volatile? I'd like to do spreads or condors but worried about some crazy 75 point move intraday
Somebody tell me what they're talking about when they refer to the word DELTA.
Need for the visual learner some chart examples, demos......I can read read and hear,...no see, no good...
Where is the pony? Did it leave?
Stay naked, use protection. Got it.
I like picking stuff that’s doesn’t move much and do short term ICs wide. I’m usually risking $250 or a little more, but the PoP is 75% or better and on a Friday they usually hit. But that $250 makes me like $30 lol. Really wanna start taking it to the next level. I’m trading scared money.
Hello! Isn't it like you have 25% chance to lose 250, so in roughly 4 trades your overall loss would be around -160$ (90-250) ?
Is it just me or do Mike and Nick seem annoyed with the other, when the other ones talking? .. just something I think I picked up on after washing a few videos.
You're obviously talking to experienced traders here.
Dudes ... 10x$1 vs 1x$10 ... the HUGE difference is the commission. If you pay like $2.80 for short/long leg, it really matters. And pls the guy in lower frame - pls talk LESS. There is just too much hot air.