Recent content by bjdon

Yes I only sell OTM Calls/Puts. Re being tested, I maintain very strict stop loss criteria and once touched I take the loss and close the position. So far though I am off a fair amount for the year. It's really all about not being greedy. BTW IG are changing their margin requirements for...

I currently mainly 'Write' (short options) with IG and so far I've found it quite profitable. Basically I only short very out of money exchange options with at least a months worth of time. My thinking being I get the time decay with little chance of the options finishing in the money. As...