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Re: viking86 post# 5526

Friday, 11/07/2014 8:17:42 AM

Friday, November 07, 2014 8:17:42 AM

Post# of 86660
Hi there,

Well I'm using a very specific matematical formula which I've learned during my Finance MBA time and the calculations tells me exactly which strikes to take no matter if it's 3% like $DUK condor I wrote or 25% far from the share price like $HLF that I closed for profit in 24 hours.

It's all math and what the calculations dictates me to take or not to take trades at all even with 30% out of the share price like with $NFLX for example that I didn't take the trade and it went down around 25% one day after I wanted to take it and math told me not to.

I take the feelings and emotions out of the picture.

Regarding time it's another variable in the calculation I'm doing before placing a trade but as a general rule I don't like to open trades at 14 days or less from expiry just to stay on the safe side.

It's not 100% winnings all the time but it helped me be financially secure by selling options in the last few years.

Feel free to follow me on twitter where I post my trades live before I go to Ihub

Hope this helps

Ziv
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Total Trades:
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  • 5Y
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