I now have to search for another video hoping to find someone that can actually explain in very simple terms on how to set up Diagonals. Like does one just buy long term calls and keep rolling them over on expiry? Have no idea. Is their any loss protection? Have no idea. Just looks like buying calls and that is it.
By buying a call aggressively like buying a 120 strike call when your selling leg is 135, it means we will be giving a lot of premium in debit which would mean we would have a huge vega component and less theta component. If the IV drops, the vega component would start incurring big losses. Isnt it?
do you do these two months out? How do you anticipate price movements so far away if there are so much time in between, and earnings in between might swing the stock price by a large percentage.
Just want to say that you obviously found your mission/passion in life with teaching. Everytime I watch your videos I go "Man this guy really puts some thought into this." Do you have a video on using tos analyze tab?
Hello, Thank you for This. When you say Rotate the Calls, what do you mean? Do you mean selling near-term expiration calls? How far out would you buy the Call and how ITM or OTM to substitute for a long-term stock substitution?
@@tradersflyofficial getting a 10+ % return with putting no more than 5-6% of my portfolio in risk of loss; this is for my emergency fund; so I try & be safe
I know people who make huge money both from market & RUclips viewership. If you can earn from two different avenues, why would you miss out ? Ultimately he applies the same knowledge on both platforms.
I now have to search for another video hoping to find someone that can actually explain in very simple terms on how to set up Diagonals. Like does one just buy long term calls and keep rolling them over on expiry? Have no idea. Is their any loss protection? Have no idea. Just looks like buying calls and that is it.
It's amazing how detailed and thorough you are in terms of explanation. Thank you!
You're very welcome!
By buying a call aggressively like buying a 120 strike call when your selling leg is 135, it means we will be giving a lot of premium in debit which would mean we would have a huge vega component and less theta component. If the IV drops, the vega component would start incurring big losses. Isnt it?
do you do these two months out? How do you anticipate price movements so far away if there are so much time in between, and earnings in between might swing the stock price by a large percentage.
Do you ever add on long legs to protect the downside or upside risk on the diagonals?
Sure, you can do that
Just want to say that you obviously found your mission/passion in life with teaching. Everytime I watch your videos I go "Man this guy really puts some thought into this." Do you have a video on using tos analyze tab?
Thank you so much ❤️. Yes, in most of our option courses we have a detailed video (about 75 mins all about the platform)
This one and the Butterfly are my favorite ones
Wonderful to hear. That's great! Thanks for stopping by....
Hello, Thank you for This. When you say Rotate the Calls, what do you mean? Do you mean selling near-term expiration calls? How far out would you buy the Call and how ITM or OTM to substitute for a long-term stock substitution?
never sell itm calls you and it depends on your assumption
I thought rotate means you switch to a different underlying stock.
use this to trade etfs
Wonderful to hear. Thanks for stopping by
@@tradersflyofficial getting a 10+ % return with putting no more than 5-6% of my portfolio in risk of loss; this is for my emergency fund; so I try & be safe
Anyone who offer trading course does not make money from trading.
I know people who make huge money both from market & RUclips viewership. If you can earn from two different avenues, why would you miss out ? Ultimately he applies the same knowledge on both platforms.