Recent content by optsonly

Brit: ..adding to that.... Just a few thoughts: Depending on how fast the market moves and how fast the premium deteriorates, you could exit a trade in a few weeks with a good chunk of the premium gone and in your pocket. I'm sure this is old news to you but if I've got 40, 50, 60% of the...

Brit: I read the book a while back and it did add some fuel to the fire for me. I've been trading for about 15 years and only recently, few years ago, I started to really take note of the option premiums. It can be a slow way to make money but I would rather be fishing the flats versus being...

Sold the CZ 12 1000 calls for $400

Grains up minimally overnight after Friday crop progress report. Will sell calls on Dec corn if no strength today.

December coffee looks like it is trying to find a bottom. Dec Wheat and Corn took big hits today...watching those call premiums. If the Dec corn breaches and closes below 780 area 750 looks like next target there. Still a lot of weather psychological volatility within the grains. Longer term...

Dunstan: Your wheat is looking a little better. Coffee trying to make a bottom...

:thumbsup: Ahhh...the immortal word of success: "Since you are writing options, maybe it would be wise to just wait until the change in the trend has happened, prices have started to decline, the COT pictures have moved away from their extreme territories and you can start selling calls safely...

Flat right now. Watching the grains to sell calls on. Russian wheat problems still giving a bump there. 950 resistance is the area to watch. Corn....Rains and cooler temps did little to slow that one down but the current news is starting to sound just a little 'has the top been reached' sort...

Dunstan: I've been watching the Sugar market for a while to sell puts on but this chart looks like it might have more downside. If the 19 area breaks then per the chart the next support level is around the 14 area, waaaay down there. Seasonally prices move up during the holiday time because the...

marameo: Roger that. I am not holding the contract so no hedge here. I'm writing the options uncovered. Hopefully someone will reply for you. For the mud slingers of my original post: Stocks - News & Commentary Check out the option play recommendation for Dec corn. Give him a call and tell...

marameo: Hopefully some of the experts that were ripping on me previously can answer your questions. Since I am writing far out of the money with a few months until expiration with the sole purpose of collecting premium vs. time decay. I can't help you here. For me to monitor the greeks it...

Sounds like the experts have been here the entire time, and spoken. Depending on what you look for to enter a trade and if you want to filter for the best possible greek variable scenario then your 'choices' for potential sells will be very limited. The method here is simply writing far OTM...

Not sure what August markets you are referring to...

I agree 100% with everything you said. I don't care how the powers that be determine the price of an option. Don't care what the greek variables are saying today, or what the interest rate to Maria Bartaromo's eye lash length is today either. My main concern is how much time is left to...

I look to make around $300 per individual option or option pair and $400 per each short strangle = selling a put and a call. I'm currently watching December corn, wheat, and coffee. From a seasonal point of view, wheat and corn usually put the highs in for the market around this time of year...