Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Did you mark both sides of that spread in the S1 column with the same number and select both rows before clicking Track Historic (that is how the spreadsheet knows you want it to be treated as a spread)?
Hi All,
Just I just registered for this forum specifically to learn more about writing options. Name is Steve, I'm 29, and a novice investor when it comes to options and commodities. I have been building up a modest retirement portfolio of stock equities since 2007.
I am very intrigued by the idea of diversifying and selling premium on futures options. I'm Currently reading Cordier's Complete Guide to Selling Options and came here to watch and learn how you experienced and active traders think and make decisions.
Looking forward to getting getting started and getting to know you fine folks and learning from your experiences as well
Does anyone have any recommendations as far as a Paper Trading platform or tools to track options trade positions?
The first thing you will need is this folder on your computer.
C:\Span4\Data
All spreadsheets and files need to be in this file. It must have this name exactly as shown.
This Excel spreadsheet is 2010 version. It needs …
I explain how you can historically track options on futures using Dudetooth's excellent Excel spreadsheet.
I made my own Excel sheet to track currently held options in my accounts. It isn't too hard to do.
HardSwap3
Posts: 20 since Jul 2014
So to follow up on this, on Thursday 1/28 with CLJ6 at 34.75, implied volatility at 68%, with an IV Rank at 94%, I wrote the following option strangles:
34.5 put and 35 call for 5.93 (essentially a straddle)
29.5 put and 43 call for 1.89
26 put and 46 call for .93
My expectation is that CL will move into a trading range for the next few weeks. If so, implied volatility will decline sharply, IV Rank will get back down towards 50%. Also, time will pass, so both will result in substantial decline in option premiums. With just the choppiness on Friday 1/29, implied volatility fell to 62%, IV Rank declined to 82%, and these positions are already showing good profits.
jcrother
LOS ANGELES, UNITED STATES
Posts: 1 since Jan 2016
Thanks Given: 0
Thanks Received: 0
Don't see any value in this hindsight trade, should post trades as you enter them, not talk about them after they are in profit.