From نکس لود
on
Trade 66 The Return of Crazy Vol or Realistic Pricing
It is wonderfull article
Thanks for Sharing
2018/02/17 at 12:21 am
From Terrapin Trader
on
Trade 66 The Return of Crazy Vol or Realistic Pricing
just updating and trying to show disaster averted.
2018/02/17 at 4:10 pm
From Terrapin Trader
on
Trade 66 The Return of Crazy Vol or Realistic Pricing
In my own personal trading I am underwater. As I have often said,and this is not false modesty, I’m a rubbish trader. Will the flexibility of options get me out of a hole? I hope so, but at least I was not one of these clowns who shorted VIX month after month,and now they face epic losses.
Keep it manageable,take the pain with the gains,and to quote ‘Don’t Panic’
2018/02/11 at 12:00 pm
From Dominic Helscher
on
That Was the Week Ending 14th July
My brother recommended I would possibly like this blog. He used to be totally right. This publish actually made my day. You cann’t imagine simply how a lot time I had spent for this information! Thank you!
2018/02/08 at 9:02 am
From Terrapin Trader
on
That Was the Week Ending 14th July
We just tell it straight from the heart- no insider knowledge just the hard yards -in the hope that others avoid the pitfalls and gift their hard earned money to the banks
2018/02/08 at 2:34 pm
From Jennifer
on
A Little Old Fashioned Approach - P&F
Hi. Very good article,thanks for sharing. I visit this website every day.
2018/02/01 at 11:01 am
From Terrapin Trader
on
A Little Old Fashioned Approach - P&F
We cannot post every day but there is a lot of content that we hope people enjoy and understand. There is so much to learn in trading, yet I’m still a terrible trader!We love comments and hope we give real insights into the options world
2018/02/01 at 5:32 pm
From Terrapin Trader
on
Trade 64 Double Trouble Theta Creator
Hindsight is 20:20 vision we know that but we have to take trades based on Friday’s prices as they are for illustration purposes only. This trade could have been placed yesterday for a CREDIT of 20! Yes life is unfair, but you can always add to your trade.
The old adage of never add to a losing trade is the opposite for options in our experience. You take ina credit of zero and sudenly you can get 20, do it! Today the value of the trade is 7. So….even if you got a bit spooked by trade size you could take a short term view and close out the extra lots (or leave them and close out the original- a bit of humour here!)You think ETFs give you that sort of flexibility? Futures? CFDs? Options give you so much more.
2018/02/01 at 9:27 am
From Julia
on
Point and Figure Charts- Be Afraid
Hi. Very good article,thanks for sharing. I visit this website every day.
2018/01/26 at 11:24 pm
From Tomi Thevenin
on
That Was The Week 28July
A lot of what you articulate is supprisingly appropriate and that makes me ponder why I had not looked at this in this light before. This particular piece really did turn the light on for me personally as far as this subject matter goes. Nevertheless at this time there is one particular point I am not too comfortable with so whilst I make an effort to reconcile that with the main theme of your issue, permit me see exactly what all the rest of your readers have to point out.Very well done.
2018/01/26 at 8:35 am
From Terrapin Trader
on
Trade 63- Paying up When the Market Dictates
So! The 7750s are38 and the 7650 is 94-remember we sold 2 of the 7750s for every one of the7650s we own,so it’s 94-76=18. Our cost was 11-so we make 7-a 64% profit in 2 days. We can hold on for much bigger profits but a cautious trader might close out and take some money off the table by trading multiple lots.
We therefore book our first trade of 2018 as a clear winner.
Welcome to our options world-how’s your tracker fund doing?
2018/01/24 at 7:54 am
From Smithd30
on
Pension Pot, Pensionwise, Options and Risk
I’m really impressed with your writing skills as well as with the layout on your blog. Is this a paid theme or did you customize it yourself? Anyway keep up the excellent quality writing, its rare to see a great blog like this one these days.. fkeaedaecagdekbf
2018/01/20 at 10:59 am
From Terrapin Trader
on
Pension Pot, Pensionwise, Options and Risk
thanks pleas spread the word-we want to get back some of the money the fat cats have taken off us in QE! Seriously though, options are a fantastic stress free trading vehicle
2018/01/27 at 11:54 am
From Jason Pedersen
on
That Was The Week Ending 04August
Heya i’m for the first time here. I came across this board and I find It really useful & it helped me out much. I hope to give something back and help others like you aided me.
2018/01/13 at 6:47 am
From Edwardo Harbison
on
Trade 27- Out of the Comfort Zone
Thanks for sharing excellent informations. Your web-site is very cool. I’m impressed by the details that you’ve on this website. It reveals how nicely you understand this subject. Bookmarked this website page, will come back for more articles. You, my friend, ROCK! I found simply the info I already searched all over the place and just could not come across. What an ideal website.
2018/01/10 at 10:40 pm
From Branden Coberly
on
A Little Old Fashioned Approach - P&F
I found your blog web site on google and check a few of your early posts. Continue to maintain up the superb operate. I simply further up your RSS feed to my MSN News Reader. Searching for forward to reading extra from you later on!…
2018/01/10 at 8:59 pm
From Jenell Tang
on
The Week That Was- 24th June
I’ve read several excellent stuff here. Certainly price bookmarking for revisiting. I surprise how so much attempt you put to make this kind of fantastic informative site.
2018/01/08 at 10:35 pm
From Manuela Vandorien
on
That Was The Week Ending 04August
I enjoy what you guys are usually up too. Such clever work and exposure! Keep up the superb works guys I’ve added you guys to blogroll.
2018/01/08 at 7:41 pm
From Shantel Deslaurier
on
Trade 27- Out of the Comfort Zone
Valuable info. Lucky me I found your website by accident, and I’m shocked why this accident did not happened earlier! I bookmarked it.
2018/01/08 at 4:10 pm
From Terrapin Trader
on
Trade 62 Low Cost Low Probability, But..........
I’d like to say just buy the bloody market and be done-because it has really taken the wind out of our sails this last year. The few opportunities there were,(2) I missed, being such a rubbish trader. A few good trades mitigated this but I am on track to have my worst year since 2010, probably- unless FTSE expires at 7700 for Jan.
2018/01/07 at 1:51 pm
From nastynick
on
Trade 61 Christmas Looms
according to CQG 15k lots traded in last 15 mins…
is that reasonable volume ?
eurostoxx closed on lows tho !
2018/01/01 at 10:58 am
From Terrapin Trader
on
Trade 61 Christmas Looms
sorry just seen this- read what you will into other peoples trades-we cannot know the reasoning behind them.
Like open interest it means nothing when taken in isolation-and are they all short opening trades being taken by market makers? Who knows?
The market is a mystery, we just make of it what we can. enjoy,and happy trading.
PS Never trade when you are unwell-currently I am unwell.
2018/01/06 at 4:06 pm
From Terrapin Trader
on
Trade 61 Christmas Looms
should have known these ‘erberts would ramp up FTSE for end of year’s figures as there is NO volume to speak of. Hoping for reason in 2018(unlikely) and some volatility- almost certain when events overtake the dumb money’s apathy and ignorance of actual value. Meanwhile this trade has gone horribly against us- about time! We will make adjustments as and when required but this is probably going to run to expiry.
2018/01/01 at 9:59 am
From Terrapin Trader
on
HAPPY CHRISTMAS
2016 and 2017 have been horrible years for traders but we have shown that when we trade smarter, with options, we can make good profits without the cold sweats and sleepless nights
2017/12/24 at 9:45 am
From Terrapin Trader
on
Trade 61 Christmas Looms
Tried to place this for a credit of 2 yesterday- close but no cigar and as the calculator shows the vol is just obscenely low. One big retailer has now been caught cooking the books. H&M having a torrid time.Who else is faking it? Is this the time for the ‘credit card max out’ coming to an end? Personal debt is shocking, and unaffordable as bloated egos continue to seek comfort in buying random tat. The best gift is time, freely given. The plastic junk bought to placate, or salve a guilty conscience is an empty gesture.
2017/12/19 at 9:54 am
From Terrapin Trader
on
That Was The Week Ending 15Dec-Expiry
From Terrapin Trader
on
Trade 60 A Double Dilemma For Expiry
Oops! Looking at wrong data- the 7400 straddle hit about 110, NOT 180 -that is the Jan figure
2017/12/13 at 12:46 pm
From Terrapin Trader
on
Trade 60 A Double Dilemma For Expiry
SO! Another hefty winner with the 7400 straddle- it made 180+ so you’d more than doubled your money*********,and it was limited to premium paid- no margin required.
The condor? My weapon of choice-silly me-that has gone to almost nothing. You could have taken both trades but frankly I would not have done that as the straddle would have made coin if the condor also made money. At this time of year the volumes are wafer thin and the clowns, sorry money managers, like to ramp things up to make thewm look like they are smart.The only time we don’t get a Santa rally is when the market is hit by a dose of truth. The market NEVER drops on lies, only cold hard facts-and those are become as rare as a Blue Whale. Allegedly
********* see next comment- I’ll leave this obvious error
2017/12/13 at 12:28 pm
From Terrapin Trader
on
That Was The Week Ending 08Dec
Having missd an opportunity last week it has been a process of biting my lip as nothing leapt up and said….. “TRADE ME!”
2017/12/09 at 11:30 am
From Terrapin Trader
on
Trade 58 Time and Relative Value
OK so another winning trade- currently can be closed out for about 96- so that’s a return of 20 on an investment of 75. You do the math. The oh so clever money managers have seen the FTSE up about 3% in a year- I’d really love their job! I’d only have to work for a couple of days a year
2017/12/08 at 7:29 pm
From zxcv64
on
Trade 58 Time and Relative Value
Nice trade TP. This is effectively a double calendar – one for puts and one for calls. If the FTSE stays around 7400, this should be very profitable. The downside for calendars of course is the underlying movement. The further away FTSE is from 7400 on the 15th Dec, the less the profit.
2017/12/07 at 2:09 pm
From Terrapin Trader
on
Trade 58 Time and Relative Value
yeah it’s going nowhere fast! Just tryiong to get people excited about options but the UK makes it so hard for us these days with data at £120 a month-when the entire worldoutside the UK gives away live data because they are not terrified of a few retail traders taking their gravy boat away.
2017/12/08 at 12:07 pm
From Terrapin Trader
on
Trade 59 Low Volatility, But A Blip Up On Friday- There's Hope...
Trade 59 hit 12 today-you could have left a limit order in at say, 10 and multiplied your money 4 times-but we want 150 don’t we?
2017/12/06 at 7:21 pm
From Terrapin Trader
on
Trade 59 Low Volatility, But A Blip Up On Friday- There's Hope...
cheap low risk trades are not a bad idea-you only need to win 1/10
2017/12/05 at 10:25 am
From zxcv64
on
Trade 42 and an Apology
This is a risk-reversal. It would be nice to give some margin required calcs – the %age profit is not simply 27/1 = 2700%, but instead it would be (27/whatever-the-margin-was) * 100.
Love the website TP, and the trades.
2017/12/03 at 10:14 pm
From zxcv64
on
Wow! Trade 50- A Milestone, or a Millstone?
I like it TP. I normally trade these on the SPX, as there are weeklies, and so theta is greater.
2017/12/03 at 10:09 pm
From Terrapin Trader
on
Trade 59 Low Volatility, But A Blip Up On Friday- There's Hope...
This could be a real monster pay 2.5 to get 150? Are you serious?
2017/12/03 at 3:06 pm
From Terrapin Trader
on
That Was the Week Ending 01 Dec
This trader could have made serious coin but otherwise distracted on Friday.This is why we use LIMIT ORDERS when we are busy!
2017/12/02 at 11:29 am
From Terrapin Trader
on
Trade 57 Avoiding Losses, Exits Mean......... Everything
This has made a tiny profit to date but we run calendar trades to expiry where possible to use up all the time value
2017/11/26 at 2:50 pm
From Terrapin Trader
on
Trade 54 Ratio Calendar Spread For Early Xmas
easily made 30- super nice trade
2017/11/18 at 4:12 pm
From Terrapin Trader
on
That Was The Week Ending 17th Nov
A really strange time as volatility is 50% lower than ‘normal’
2017/11/18 at 4:08 pm
From Terrapin Trader
on
That Was The Week Ending 10 th Nov
From Amit Shanker
on
Trade 56 Unashamedly Directional
Exactly..still time for it to make money!
2017/11/12 at 7:30 pm
From Terrapin Trader
on
Trade 56 Unashamedly Directional
trade 55 still has a week to run of course…..
2017/11/12 at 2:13 pm
From Terrapin Trader
on
That Was The Week Ending 03 Nov.
the good news keeps coming as QE tested the debt waters and they found it was goooood- no repercussions for the top 1%, the other 99% are JAMs- Just About Managing and so will not upset the status quo. Politically I am not aligned to anyone but in my heart I’m socialist
2017/11/04 at 1:51 pm
From Terrapin Trader
on
Trade 54 Ratio Calendar Spread For Early Xmas
So now we have the Dec 7400 put at 51 and the Nov 7400 put= 18(x2)= 36. therefore this is a very nice profit having paid 3, you could close out for 15. Of course this needed some margin so it’s not a simple 400% but probbably more like 10% in 4 days. Once a month -that’s a big healthy profit-better than your ISA at 1.2%
2017/11/02 at 1:58 pm
From Terrapin Trader
on
Trade 54 Ratio Calendar Spread For Early Xmas
Apologies for any previous errors-hope this trade sparks the imagination
2017/10/29 at 9:45 am
From Terrapin Trader
on
That was The Week ending 27th Oct
Apologies- I got the numbers wrong for Trade 53- it was a genuine credit of 12 to close
2017/10/28 at 9:57 pm
From Terrapin Trader
on
That was The Week ending 27th Oct
Missing trading opportunities is almost unforgiveable- I was seriously otherwise engaged in a noble cause so what’s a grand or so amongst friends?
2017/10/28 at 6:42 pm
From Terrapin Trader
on
Trade 52 Playing Not To Lose
Actually the puts must have hit well over 40 on Wednesday so this could be a win-you’d just have sold the put and let the call run- 8.5 on Friday,so 48.5 on 39 is a nice return, though unintended! And they tell you options are risky!
2017/10/28 at 2:29 pm
From Terrapin Trader
on
Trade 53 Armageddon Notwithstanding, and a Triple Twist
Earlier today- the trade hit 12 (30, and 14×3) as vol picked up a bit-we can book this as a winner methinks-sorry I missed a chance to screenshot
2017/10/25 at 5:39 pm
From Terrapin Trader
on
Trade 53 Armageddon Notwithstanding, and a Triple Twist
From Terrapin Trader
on
Trade 53 Armageddon Notwithstanding, and a Triple Twist
The F has gone absolutely nowhere for well over a month now-this is like nothing I have seen -but perhaps my memory fails me. Stand by for some earth shattering event-something has to give….or does it?
2017/10/24 at 8:29 pm
From Terrapin Trader
on
Trade 51 I Don't Believe It! UP, UP and Overvalued.
It made a modest profit and even doing nothing was an option(excuse the pun).
2017/10/21 at 2:07 pm
From Terrapin Trader
on
Trade 52 Playing Not To Lose
The strangle is losing money already- the market has stopped being a market so we might take a 50% loss on this. I am no longer able to assess market conditions as none exist in the proper sense.
2017/10/16 at 8:05 pm
From Terrapin Trader
on
Trade 52 Playing Not To Lose
I would not expect this trade to do very much but any big move would see it make a healthy profit. Now most of the hedge funds have shut up shop as there are no more dips. We just have long only funds pounding the index higher day after day-while real earnings are almost mythical, inflation- predicated on wage increases is nothing. Debt is more than it was in 2008- both government and personal -any return to realistic interest rates will kill the global economy faster than you can say “Despot”
From نکس لود on Trade 66 The Return of Crazy Vol or Realistic Pricing
2018/02/17 at 12:21 amFrom Terrapin Trader on Trade 66 The Return of Crazy Vol or Realistic Pricing
2018/02/17 at 4:10 pmFrom Terrapin Trader on Trade 66 The Return of Crazy Vol or Realistic Pricing
2018/02/11 at 12:00 pmFrom Dominic Helscher on That Was the Week Ending 14th July
2018/02/08 at 9:02 amFrom Terrapin Trader on That Was the Week Ending 14th July
2018/02/08 at 2:34 pmFrom Jennifer on A Little Old Fashioned Approach - P&F
2018/02/01 at 11:01 amFrom Terrapin Trader on A Little Old Fashioned Approach - P&F
2018/02/01 at 5:32 pmFrom Terrapin Trader on Trade 64 Double Trouble Theta Creator
2018/02/01 at 9:27 amFrom Julia on Point and Figure Charts- Be Afraid
2018/01/26 at 11:24 pmFrom Tomi Thevenin on That Was The Week 28July
2018/01/26 at 8:35 amFrom Terrapin Trader on Trade 63- Paying up When the Market Dictates
2018/01/24 at 7:54 amFrom Smithd30 on Pension Pot, Pensionwise, Options and Risk
2018/01/20 at 10:59 amFrom Terrapin Trader on Pension Pot, Pensionwise, Options and Risk
2018/01/27 at 11:54 amFrom Jason Pedersen on That Was The Week Ending 04August
2018/01/13 at 6:47 amFrom Edwardo Harbison on Trade 27- Out of the Comfort Zone
2018/01/10 at 10:40 pmFrom Branden Coberly on A Little Old Fashioned Approach - P&F
2018/01/10 at 8:59 pmFrom Jenell Tang on The Week That Was- 24th June
2018/01/08 at 10:35 pmFrom Manuela Vandorien on That Was The Week Ending 04August
2018/01/08 at 7:41 pmFrom Shantel Deslaurier on Trade 27- Out of the Comfort Zone
2018/01/08 at 4:10 pmFrom Terrapin Trader on Trade 62 Low Cost Low Probability, But..........
2018/01/07 at 1:51 pmFrom nastynick on Trade 61 Christmas Looms
2018/01/01 at 10:58 amFrom Terrapin Trader on Trade 61 Christmas Looms
2018/01/06 at 4:06 pmFrom Terrapin Trader on Trade 61 Christmas Looms
2018/01/01 at 9:59 amFrom Terrapin Trader on HAPPY CHRISTMAS
2017/12/24 at 9:45 amFrom Terrapin Trader on Trade 61 Christmas Looms
2017/12/19 at 9:54 amFrom Terrapin Trader on That Was The Week Ending 15Dec-Expiry
2017/12/16 at 3:00 pmFrom Terrapin Trader on Trade 60 A Double Dilemma For Expiry
2017/12/13 at 12:46 pmFrom Terrapin Trader on Trade 60 A Double Dilemma For Expiry
2017/12/13 at 12:28 pmFrom Terrapin Trader on That Was The Week Ending 08Dec
2017/12/09 at 11:30 amFrom Terrapin Trader on Trade 58 Time and Relative Value
2017/12/08 at 7:29 pmFrom zxcv64 on Trade 58 Time and Relative Value
2017/12/07 at 2:09 pmFrom Terrapin Trader on Trade 58 Time and Relative Value
2017/12/08 at 12:07 pmFrom Terrapin Trader on Trade 59 Low Volatility, But A Blip Up On Friday- There's Hope...
2017/12/06 at 7:21 pmFrom Terrapin Trader on Trade 59 Low Volatility, But A Blip Up On Friday- There's Hope...
2017/12/05 at 10:25 amFrom zxcv64 on Trade 42 and an Apology
2017/12/03 at 10:14 pmFrom zxcv64 on Wow! Trade 50- A Milestone, or a Millstone?
2017/12/03 at 10:09 pmFrom Terrapin Trader on Trade 59 Low Volatility, But A Blip Up On Friday- There's Hope...
2017/12/03 at 3:06 pmFrom Terrapin Trader on That Was the Week Ending 01 Dec
2017/12/02 at 11:29 amFrom Terrapin Trader on Trade 57 Avoiding Losses, Exits Mean......... Everything
2017/11/26 at 2:50 pmFrom Terrapin Trader on Trade 54 Ratio Calendar Spread For Early Xmas
2017/11/18 at 4:12 pmFrom Terrapin Trader on That Was The Week Ending 17th Nov
2017/11/18 at 4:08 pmFrom Terrapin Trader on That Was The Week Ending 10 th Nov
2017/11/13 at 3:38 pmFrom Amit Shanker on Trade 56 Unashamedly Directional
2017/11/12 at 7:30 pmFrom Terrapin Trader on Trade 56 Unashamedly Directional
2017/11/12 at 2:13 pmFrom Terrapin Trader on That Was The Week Ending 03 Nov.
2017/11/04 at 1:51 pmFrom Terrapin Trader on Trade 54 Ratio Calendar Spread For Early Xmas
2017/11/02 at 1:58 pmFrom Terrapin Trader on Trade 54 Ratio Calendar Spread For Early Xmas
2017/10/29 at 9:45 amFrom Terrapin Trader on That was The Week ending 27th Oct
2017/10/28 at 9:57 pmFrom Terrapin Trader on That was The Week ending 27th Oct
2017/10/28 at 6:42 pmFrom Terrapin Trader on Trade 52 Playing Not To Lose
2017/10/28 at 2:29 pmFrom Terrapin Trader on Trade 53 Armageddon Notwithstanding, and a Triple Twist
2017/10/25 at 5:39 pmFrom Terrapin Trader on Trade 53 Armageddon Notwithstanding, and a Triple Twist
2017/10/24 at 8:32 pmFrom Terrapin Trader on Trade 53 Armageddon Notwithstanding, and a Triple Twist
2017/10/24 at 8:29 pmFrom Terrapin Trader on Trade 51 I Don't Believe It! UP, UP and Overvalued.
2017/10/21 at 2:07 pmFrom Terrapin Trader on Trade 52 Playing Not To Lose
2017/10/16 at 8:05 pmFrom Terrapin Trader on Trade 52 Playing Not To Lose
2017/10/15 at 9:11 am