Bottom fishing or Covered stock?
October 5, 2009 by admin
Filed under Frequently Asked Questions, Hedging, Options, Stock Trading
Q: I am a member of the DMA and had some questions regarding SRS. I want to enter this trade but do not know if I should be bottom fishing it or buying a covered stock, due to the following:
- Bottom Fishing: negative skew / am considering selling the Oct 9 Put / buying [...]
Hedging with a synthetic stock position
October 5, 2009 by admin
Filed under Frequently Asked Questions, Hedging, Options
Q: You discuss hedging SRS with a synthetic stock position in IYR. My question is why not do a short synthetic position in SRS, Sell call and buy puts. I have noticed people in the TOS chat room talking about shorting AIG this way versus borrowing stock to short. This way you would have along [...]
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 [...]
Question about Victory Spreads
September 14, 2009 by admin
Filed under Frequently Asked Questions, Options, Victory Spreads
Q: In your demo video for this spread you say potential losses should be about $50 or so. You refer to favorable pricing. Would you please explain what you mean by favorable pricing? I have tried several scenarios with stocks that I think might be making a move up but in each case my potential [...]
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 [...]
Pre-sales Question 1
September 3, 2009 by admin
Filed under Frequently Asked Questions, Options, Pre-sales Questions
Q: I reviewed your videos and I’m interested but I’m curious why no one is talking about your strategies or even reviewing your methods. I’m new to the trading thing and in fact, I just signed up for a James Smith options course for 6K (August 28-30 and yes I know it was expensive but [...]
