Trade 11 revisited.Buy Cheap The rationale for trade 11-the options were silly cheap. That same trade- a straddle but with … More
Author: Terrapin Trader
First found out about options in 1995.From the arcane magazine Exchange and Mart! First trade- a covered call on VOD in 1999. Made 10%,VOD almost doubled. That's when I realised I was not a good trader,and I was forgiven thanks to the amazing world of exchange traded options
Trade 12- An Update
I don’t Believe It! That 7050/7000/6950 put butterfly- a possible buy for about 3.5, or a ‘leg-in’ buying the 7050/7000 … More
To Train or Not To Train
Couldn’t Resist the Picture, But It Makes A Point Up to 100 emails arrive in my inbox daily, and … More
Trade 12- Legging In
Butterfly morphing from long spread-a discretionary approach Looking at a put butterfly for Jan 20th expiry, we have the following … More
Year End Euphoria
FTSE Hits All Time High(Warning: Cynical Tone and Bias ahead) This headline hides the reality-the index has risen 13.8 per … More
Trade11 Update
Never/Always Add to a Losing Trade Previously this trade had been entered for 181.5, we could then have bought more … More