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Conservative option strategies, what did you buy or sell today?
#93
(04-13-2019, 09:43 PM)fenders53 Wrote:
(04-13-2019, 09:06 PM)NilesMike Wrote:
(04-13-2019, 08:04 PM)fenders53 Wrote:  
You having any problems on any positions right now Mike?  Hopefully not.  I'll check out DAN. I'm not familiar with the ticker.

No problems at present time. I don't have a lot open right now but they are balanced long and short directionally.

Can change quickly as you know.

Yes they can turn on a dime.  I typically have 15 or more open most of the time because most are truly conservative plays and I can let them ride when they should be closed sooner.  It's just a percentage game and I collect my targeted net income most every month, even when things go against me somewhat.  I do cry when one or two become a challenge to manage.  There is some purpose to that though.  I don't have such an ego that I need to brag here when it isn't warranted.   I don't ever want to make anyone think this is always easy so I will keep whining about the bad ones just to keep it real.

I try to avoid the "problems" by only selling puts in something I wouldn't mind owning. Otherwise I buy calendars or butterflies where the R/R is very good albeit a lower winning percentage.
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Messages In This Thread
RE: Conservative option strategies, what did you buy or sell today? - by NilesMike - 04-13-2019, 10:22 PM
T puts ? - by john - 03-17-2020, 09:33 AM
RE: T puts ? - by fenders53 - 03-17-2020, 10:32 AM
RE: WEN options update - by john - 03-23-2020, 09:53 AM
RE: WEN options update - by fenders53 - 03-23-2020, 10:40 AM



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