Author Archives: dude
This trade quite frankly, replaced the SLV Strangle which was really hampering my ability to do anything in my small account. It has more profit potential and less affect on the buying power of my account. From a technical pov ir has very strong support on the Volume Profile, and is slightly bullish, very slightly.[…]
I discovered on ToS. I started with a small account, to show how it can be built up. My starting point was $2,007. I have full options approval (Level 4). Normally they want you to have $5k buying power with Level 4 in case you sell naked calls, like one of the legs of[…]
As the economy comes back online, materials will start to dig in.Break even for this trade is right at the top of a major value node. Credit spread with the XLB.