Kreslik.com - traders community since 2006

I think that professionals speak negatively about DOTM options because they do not want YOU to buy them; legging into DOTM spreads can lead to a profit potential that is beyond your imagination. What happens if you buy 100 DOTM calls for $10 and then hedge with the $20 higher strike (after a favora...

Ok, I think I understood.
You are going to write the calls only IF you see or expect the price going sideways or down. In case the options get executed, you reenter.

Thank you.


PS: What's "Space Wars"... (just kidding )

In your example, where you bought 10 contracts at a price of 90 and bought additional 10 contracts at a price of 100, how many calls do you write with strike price of 95? 20 (the full position)? What are you doing, if price is further rising? Your profits won't increase because you've written calls....

Hi, it took a while to read through the whole thread and it took ever longer to understand the power and the simplicity of this strategy. In the end, I can say this is by far the best if have seen in the past ten years. What I understood is to try to get a position into the market at (daily or curre...