Tuesday, September 3, 2019

VIX Calendars - Where's the risk?

VIX Calendars - Where's the risk? - Everyday Trader - tastytrade | a real financial network

Saturday, August 31, 2019

Seems a safe bet so what say we meet again here Sept. 27?

SPX Iron Condor - www.sheridanmentoring.com
"Yesterday during a webinar with Ally Invest, I put on an Iron Condor in Sep 27 expiration, 46 days out and with 5 wide credit spreads. Sold 3070 Call and Bought 3075 Call. Sold 2660 Put and Bought 2655 Put. Total Credit $1, and Risk $400. Looking for 10 percent profit on $400 of risk or Capital and don’t want to lose more than 15% of $400."
Dan Sheridan, dan@sheridanmentoring.com, August 13, 2019

Thursday, June 20, 2019

Superior Transformation

....by staying long Delta's one day longer....

$400 risk remains in the trade (versus $15k originally) vs. $8000 maximum profit potential (vs. $15k originally).

Tuesday, June 18, 2019

Risk Reduction

June 17, 2019

June 18, 2019

$15k in risk hedged off to credit position, while going from long to short deltas.