Friday, September 27, 2013 11:35:17 AM
Boring Income Trade Update
Sold my calendar spread for 20% in nine days.
Buy the back month, sell the front month.
Selling a calendar spread for monthly income.
No chart reading required. Never look at a chart.
Check once a day. It works because the front month decay
sold happens more rapidly than the back month decay you buy.
The trade is managed using the Greeks, mainly delta, theta,
& vega. Non directional trading. Even if you have an opinion
on movement, you can be wrong and still make loot. Use indexes
or index ETF's. A picture showing the concept of the trade:
Cheers
Sold my calendar spread for 20% in nine days.
Buy the back month, sell the front month.
Selling a calendar spread for monthly income.
No chart reading required. Never look at a chart.
Check once a day. It works because the front month decay
sold happens more rapidly than the back month decay you buy.
The trade is managed using the Greeks, mainly delta, theta,
& vega. Non directional trading. Even if you have an opinion
on movement, you can be wrong and still make loot. Use indexes
or index ETF's. A picture showing the concept of the trade:
Cheers
() ()
" "
+
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
