thanks Greg, I always read thoroughly for any nuance you may add. also, appreciate you pounding this stuff into my head. Great job. Can't wait for pics of the Z28.
I have a question for all of you.... Let's help eachother btw too cause theres a bunch of us and only one Greg...
Is there an equation or rule or something that represents the difference between paying less premium by either finding a strike further Out Of The Money, OR by having a sooner expiration??
For example if I only want to invest $1000 into a call, I'm looking for a specific premium. The only ways to adjust that premium are with Delta and Theta so,
**What is the most efficient way to control position size**
Hi Everyone. as you know I'm new here. I read Greg's sugestion, that the lions in here might think to help the Lambs on this site. So far with tons of trades, I still come out even$. I probably could use the help here, and there. I will not take offense. :))
Now, how to do the options.
Thanks Greg for the tips yesterday. In trading Costco. I made money. :))
Most people like to trade a ratio. So they will risk (with a stoploss) something like 2-5% of their portfolio to gain 2-5x the amount risked... What many people mean by "half" Is that if you can sell a piece and break even, or better yet make some money, and still have part of the position open then that's "free" money you can let go very long or whatever you want.
Thanks Greg. This is great advice. I sold half of my XLF June calls just now at a nice profit in case there's a head-fake selloff following the 2pm Fed meeting. Will ride the other half. If a selloff does occur I'll look for opportunities to average down my XLF June position over the coming days, or set up a second position further out. Thanks again for everything you do.
thanks Greg, I always read thoroughly for any nuance you may add. also, appreciate you pounding this stuff into my head. Great job. Can't wait for pics of the Z28.
I have a question for all of you.... Let's help eachother btw too cause theres a bunch of us and only one Greg...
Is there an equation or rule or something that represents the difference between paying less premium by either finding a strike further Out Of The Money, OR by having a sooner expiration??
For example if I only want to invest $1000 into a call, I'm looking for a specific premium. The only ways to adjust that premium are with Delta and Theta so,
**What is the most efficient way to control position size**
thanks, Greg for all you do.
Thanks Gregory for you hard work
Hi Everyone. as you know I'm new here. I read Greg's sugestion, that the lions in here might think to help the Lambs on this site. So far with tons of trades, I still come out even$. I probably could use the help here, and there. I will not take offense. :))
Now, how to do the options.
Thanks Greg for the tips yesterday. In trading Costco. I made money. :))
Thanks. I'll try this. . :))
🤓👍
In %, what's considered a big gain to sell half?
Most people like to trade a ratio. So they will risk (with a stoploss) something like 2-5% of their portfolio to gain 2-5x the amount risked... What many people mean by "half" Is that if you can sell a piece and break even, or better yet make some money, and still have part of the position open then that's "free" money you can let go very long or whatever you want.
Oops. What"s up with. RUKO?
Thanks Greg. This is great advice. I sold half of my XLF June calls just now at a nice profit in case there's a head-fake selloff following the 2pm Fed meeting. Will ride the other half. If a selloff does occur I'll look for opportunities to average down my XLF June position over the coming days, or set up a second position further out. Thanks again for everything you do.
Thanks Greg. :)) I appreciate all of your help. I am tring to learn options. Right now it looks confusing?
ty Boss