I was actually just looking at the same trade....1720 puts for Dec are trading around $150 with mid Dec expiration. I am close to writing a bunch of them.....but I kinda wanted to wait. I also am looking at soybean calls again....around 1370-1380 ...

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I am not a CTA, as I have said here before. I have considered becoming one, but I choose not to because I would rather not have the performance/management fee influence my decision making. I have been a licensed commodity/currency broker for almost ...

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everybody gets the same positions/strikes.....just different amounts of each. a $215k account may have 30 of the $100 calls, 20 of the $99 calls, and 30 of the $87.50 puts......but a $100k account will have around 1/2 of that.....roughly. I usually ...

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no worries....the M/E changes a lot with how I do this. So a week ago, same positions for a $250k account had my margins around $150-160k.....now at $110k roughly. Closer the market gets to my strikes.....closer to a futures contract margin ...

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I am definitely going to sell some cheap options over the next 48 hours.....looking at S&P again, maybe soybeans.....will update

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some juice came out of the oil for me on both sides today.....looking more and more like the holiday will ensure that it will be right around this spot or so this time next week. cold weather could see a smallish spike....but I doubt it. I kinda ...

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nice job

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I shoulda taken my own advice and sold gold when I posted that. I think its gonna make lower lows over next few weeks. in a weird area on daily chart. Unless it creates a new comfort zone I don't think it likes settling around here....just my ...

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87.50 puts 99 and 100 calls also have those 105s that will be off board soon since buying back.....so don't count them basically $12 wide 15 days left

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that gold looks like a sell right now. MA bounce toppy on the hourly

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what about a short strangle? writing a 28/29 call and a 21/22 put and taking in around $30....this seems like a liquid adjustable stock the Decembers would buy you time, it looks a little toppy, but it has room to go up for sure....maybe rough to ...

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If crude pushes back up to that 94.35 area I might be tempted to short futures anyway here is what accounts look like with about 15 trading days left: 100 Jan calls (sold for $370/worth $120) 99 Jan calls (sold for $260/worth $180) 87.50 Jan puts ...

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haha. I will go in on that...... I know a lot of guys on the CBOT that would gladly lease you their seat.....for more than a Tesla every month

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I cant believe that game ended like that. I am fairly certain that #32 on Denver will not have a job soon.

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actually just threw in some GTC orders to buy back the 105s I had left over at $10....should have a fill by tomorrow end of trade I imagine. wanna free up the margin.

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already seeing a lot of action in oil.....I am thankful that I am so far away in puts....gives me time to adjust if need be. I feel like this may jerk back up and bounce off those big MAs....then down for the count I will surely short a futures if ...

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put it this way Giz....I have been so happy with what options have done for me over the years in commodities that I came fishing around this thread to find out more about stocks and ETFs....there is definitely money in them....you have to use good ...

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Fool there may be some binary options you can use to do this if you don't wanna get into the big contract. the dailies...etc. you guys seem to like those. I just don't know where besides a couple websites a few clients told me about. don't know how ...

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I would agree with that not being the best idea......part of the reason I have had good results from my strategy is I have time to put Band-Aids on boo-boos...if you will. Weeklies probably aren't as forgiving to an initial fast moving market as ...

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I think this may be the final thing this crude market needs to justify moving it down more and settling it into a lower range. I still don't trust it, and would not be surprised if a bounce up then down happens. Regardless, I am positioned with 2 ...

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