News Focus
News Focus
Followers 12
Posts 671
Boards Moderated 0
Alias Born 07/24/2001

Re: Duma post# 51004

Monday, 03/08/2010 6:26:44 PM

Monday, March 08, 2010 6:26:44 PM

Post# of 79026
Jonr,

two comments about this post of yours.
the first is that puts being more expensive than calls should not be your only criterion. You must also take into consideration implied volatility as compared to historical volatility. (you can chart both very handily on IB for instance). If implied vol is high you want to be a seller, if it is low you want to buy, so that is something you want to keep in mind....i do.

the second point is that i am not sure why you say that buying and selling would make you a daytrader. You are not buying and selling the same vehicle, and furthermore there are brokers, again IB is one, (i do not mean at all to pitch for them), that let you do verticals as a single contract so the buying and selling is eliminated automatically.

anyway, i hope these considerations were useful, and thanks again for the good postings.

sat.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today