Recent content by BeDutch

Hi " Jesse", a reaction from across the pond. No I do not live in The Netherlands, I mean across the bigger pond. I live in Canada. I have about 200 titles in my trading and trading related library ( MISTAKE # 1 ! Trading does not become any better or easier by reading more ( conflicting )...

Yes, so to open the account check the box to confirm that you have read the documents. Have you ever checked such box BEFORE falling asleep reading the fine print? Establishing suitability is in my experience not more than showing I have enough money to cover my losses. In the dozen or more...

That is news to me! I do not have a Robinhood account. My account is with Think it Swim Canada. NOT as good as Think or Sim in the US but close. Never before heard about a brokerage where " they are only buyers if calls". I believe all brokerages make two way markets or facilitate market makers...

Tramadoon, not sure what platform you are referring to. Realize though that a "Covered Call" is a position consisting of two legs, the long stock and short call. Depending on your platform, you can close it with one com ined order or two seperate orders. I use Think or Swim and it gives me a...

Help me understand why it is Robinhood who makes DAYTRADING calls viable? Or are you simply talking about the technical viability, as opposed to systematic profitable trading?

Postman, when you write " if you are going to hold them convert them to shares as soon as possible" I think you are speaking to a very specific situation, not common to option traders. You are likely referring to a Long Call, and possibly a call at or near the money where the extrinsic value is...

Time CAN BE your friend depending on your choice of strategy. If you have a position with positive theta, the theta decay will help you gain value over time, albeit NOT in a straight line, and depending on how far away from the money your short option strikes are.

The one exception to the no daytradi g suggestion for non directional strategies like Iron Condors, straddles and strangles are Zero DTE far OTM ICs check the comprehensive presentation on this strategy on you tube, or drop me a note so I can forward the presentation

Nothing against millenials. However I would,d suggest to first learn the basics, however boring that may sound. Learning the basics, even when using a program where you pay for the program like Options Animal ( disclosure I am a lifetime member and would get a referral fee if you were to mention...

Returning after several years. Based in Canada. I am checking in again after receiving a surprise email, reminding me of my ( dormant ) membership. I am particularly interested in the effective use of stock options, inspired by an earlier reference on this site to David Becham, I suggest the...

After an absence from T2W for several years I received a surprise message today from T2W. I forgot why I had effectively left this site before. Hence I read through the 10 FAQ under the caption " I am new to T2W - Where Do I start? The text in the "long answer t section all all...