Questions about the Greeks
December 17, 2009 by admin
Filed under Double Calendars, Frequently Asked Questions, Iron Condors, The Greeks, Theta Scalping
QUES: In your trading experience with both the iron condors and double calendar spreads have you found it any more advantageous to theta scalp if I have time daily to monitor?
ANS: I don’t theta scalp a double calendar or an iron condor since they already have long calls or puts that protects your position while [...]
Options Trading Questions
December 15, 2009 by admin
Filed under Double Calendars, Frequently Asked Questions, Iron Condors, Options, Theta Scalping
1) I understand that you initiate your positions 30-40 days prior to expiration but you also talk in your videos about adding to your positions. Are you referring to adjustments that may become necessary due to a breakeven being threatened? If not, could you explain?
ANS: I only add to positions to increase my profits and [...]
Iron Condor Questions
December 14, 2009 by admin
Filed under Double Calendars, Frequently Asked Questions, Iron Condors, Options
1. When it is best to put an Iron Condor and when it is best to put a Double Calendar? Is there any circumstance that favors one or other strategy?
ANS: Please see the Market Report 11-22-08. If you are not yet a member, get 30-Day Trial for under $10 today!
2. On the SPY Iron Condor [...]
Victory spreads and volatility
November 25, 2009 by admin
Filed under Double Calendars, Frequently Asked Questions, Iron Condors, Options, Victory Spreads
Q: So far so good on my first month of condors…..2 weeks in….still delta neutral. Haven’t had to adjust yet…..but ready to if threatened.
I want to try the back-ratio type of trade to protect against a huge downstroke in January, but for the life of me I cannot get the analysis chart to look like [...]
How to build calendars
October 12, 2009 by admin
Filed under Double Calendars, Frequently Asked Questions, Options
Q: As I build my profit expiration tent i tend to like and use calendars. So thinking nov dec spy I saw that there is very small difference buying a 107 calendar call (sell nov buy dec)versus a 107 calendar put. Am i crazy? or is it ok say to do 107 105 103…etc all [...]
Closing position with synthetic options
October 8, 2009 by admin
Filed under Double Calendars, Frequently Asked Questions, Iron Condors, Options
Q: Thanks for the detailed video.
One quick question regarding yesterday’s video. You showed how to close the postion with synthetic options. Now, When we close the sell postion (in this case SPY call sell) by buying the SPY call, do we need to sell that as well? SPY call bought needs to be sold [...]
Options getting exercised?
October 5, 2009 by admin
Filed under Double Calendars, Frequently Asked Questions, Iron Condors, Options, Training Videos
Q: I was able to make it through some of the videos last night and this morning.
Pretty straight forward so far, I understand the criteria for placing the Iron Condors and Double Butterflys and also, the adjustments and when and why..
But I would like to see you do a video or tell me [...]
Adjusting a Double Calendar
September 14, 2009 by admin
Filed under Double Calendars, Frequently Asked Questions, Iron Condors, Options
Q: I’ve bought your online course & it’s really eye-opening to someone like myself who thought he has already known a lot about options.
I’ve gone through all your videos regarding the portfolio selection, the setup & adjustment of the “Double Calendar” and “Sale of an Iron Condor” trades and they were clearly explained.
However, I have [...]
Iron Condors Question 2
September 3, 2009 by admin
Filed under Double Calendars, Frequently Asked Questions, Iron Condors, Options
Q: I purchased your course and I’m enjoying it….I’m up to Module 5 right now.
Question for you: How do you choose between selling Iron Condors (credit) and buying Double Diagonal Calendars (debit)? Is there any criteria for favoring one over the other when building your portfolio every month? Or, do you simply try to mix [...]
