Recent content by lazy_eyed_ladykiller

Hey guys, I have been playing with debit spreads the last couple weeks. Both call and put spreads (bull call, bear put). I have been noticing that while I am risking less money from the opening, I am also less making money. For example, what ends up happening is, I end up right, the stock moves...

I'm new to day trading and my previous experience in the stock market has been entirely with a long term perspective. Currently I am working evenings and have some capital freed so I figured I might run some trades in the background. I am not looking to scalp so much as take directional...

I work from home so I like to run trades in the background for fun while I'm shopping, cooking etc. Currently account is at $415 CAD, after many withdraws and losses. So stress free minute position sizes, thanks to my penny broker. Mostly going to trade the US/ Canadian markets. Hope my wins...

What do you prefer? OTM is obviously the cheapest: stock is trading at 50, I go long 49 put. WHat if by expiry the stock lands at 49.50? Would I be losing .50$ on the shares as WELL as the put premium? ATM: fixes the issue of the stock lying in the ''deadzone", but is more expensive than OTM...

Ok after referencing the options manual, I see what you're saying. In essence with a CC my cost basis of the stock will be reduced by the premium of the call, with my gains capped, and no downside protection past stock price - call premium from my sale. With a protective put, my cost basis is...

Correct me if I'm wrong, but is a covered call not a overall bearish strategy? In my strategy, you would want the stock to go up if you're long, and down if you're short (in which case I suppose in your strategy, you'd use a covered put). You're just using the options as protection. Basically...

I could not find the right forum to put it as I am not sure whether this is a stock or options question. I have am getting a bit tired of getting stopped out early, only for the stock to go as planned, so I came up with this idea. It is for weekly swing trades, or even longer time span. Say you...

Hi there, been trading for 3 months. Still learning the ropes. Have a degree in econ and Level 1 cfa. Trying to go less theory, more practice, but the school of hard knocks is a brutal teacher :)

DDD will probably be low 30s after Monday.

Thank you for the advice. I tried to short like you said to get out, but I did not have the margin. I ended up closing it on Friday for a net loss of 1100$. A lesson in the school of hard knocks. Never again will I buy strangles with high IV. I will stick to things more inline with my budget now...

Hey guys I believe this is the right place to ask, but please feel free to move if it doesn't fit the criteria. I used to trade purely 3-6 months options and equities over a long period. I have been at it for about 6 months. After making some money and losing some money along the way, I started...