Recent content by famagusta

Sachuc, buddy, you mix condors, spreads, calls and puts, and this is NO STRANGLE. -A strangle is the purchase of 2 calls if you expect the price to rise or fall. You DON'T care if it goes up or down, because either way you have some profit. The specifics are in my 2 posts above. -A strangle...

On the other hand, if you think that the price of this stock (index, forex, commodity, or whatever else) will not move a lot for the next -x- period of time, you can SELL a call and at the same time SELL a put. Same example: stock trades at $40. You SELL a call at $45 and SELL also a put at...

You DON'T sell 2 options and buy 2 options at the same time sachuc. IF you think a contract (stock, index, forex, commodity) will be VOLATILE and have a decent move up or down, then you make a LONG STRANGLE position. If the price of stock X for example is today $50, you BUY a call with a...

For tar Hello tar, This way of thinking will get your account blown up before you know it!! If you can't successfully measure the market direction for a particular instrument (stock, index, forex etc.), don't even bother entering an option trade. The profits you have made, and the money you...

Good luck LynLim!! Hello Lyn, Good luck with your new adventure! Hope it's a profitable one. Before you start, you should ask yourself: -What markets are you interested in trading in? (better start simple). -How much of your capital can you risk to begin? -What type of trader do you want...

This is famagusta signing in.... Hope to give as much as I can, and who knows maybe become a better trader. So, hello to everybody!!