Diversified Option Selling Portfolio (Page 55) - Options on Futures | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout > Options on Futures


Diversified Option Selling Portfolio
Started:September 6th, 2015 (11:22 AM) by myrrdin Views / Replies:26,280 / 581
Last Reply:December 2nd, 2016 (01:20 PM) Attachments:38

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

Reply
 38  
 
Thread Tools Search this Thread

Diversified Option Selling Portfolio

Old October 30th, 2016, 12:01 PM   #541 (permalink)
Elite Member
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 679 since Nov 2014
Thanks: 1,031 given, 550 received

I currently hold the following positions:

CF C3.7
Exit on a close above the October high.

SG C11
Exit on a close above the October high.

ESF P2000
Exit on a close of the S&P index below the October low.

Best regards, Myrrdin

Reply With Quote
     
The following user says Thank You to myrrdin for this post:
     

Old October 30th, 2016, 12:17 PM   #542 (permalink)
Elite Member
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 679 since Nov 2014
Thanks: 1,031 given, 550 received

Considerations for further trades:

Sell WH C4.7 or similar. Seasonals are lower for the next couple of months, no important news regarding wheat in the Northern hemisphere expected for a while. Thus, no reason for funds to cover their (already reduced) shorts.

Sell LHZ calls. Fundamentals are bearish, hog slaughter should normalize after the closure of a large company due to the remnants of hurricane Matthew.

Sell NG puts. NG looks to have reached good support, and to have priced in the warm weather forecasts.

Regarding the Gold trade discussed some time ago, I intend to wait for a lower price (1200 - 1220).

Best regards, Myrrdin

Reply With Quote
     
The following 2 users say Thank You to myrrdin for this post:
     

Old October 31st, 2016, 04:56 PM   #543 (permalink)
Trading Apprentice
westhills california US
 
Futures Experience: Beginner
Platform: TOS
Favorite Futures: FOREX,STOCKS,FUTURES
 
Posts: 28 since May 2015
Thanks: 26 given, 5 received



myrrdin View Post
Considerations for further trades:

Sell WH C4.7 or similar. Seasonals are lower for the next couple of months, no important news regarding wheat in the Northern hemisphere expected for a while. Thus, no reason for funds to cover their (already reduced) shorts.

Sell LHZ calls. Fundamentals are bearish, hog slaughter should normalize after the closure of a large company due to the remnants of hurricane Matthew.

Sell NG puts. NG looks to have reached good support, and to have priced in the warm weather forecasts.

Regarding the Gold trade discussed some time ago, I intend to wait for a lower price (1200 - 1220).

Best regards, Myrrdin

I know fundamentals are what you base your trading plan on. Do you look at the charts before you take a trade and if so what are some of the indicators you use?

Thanks

Reply With Quote
     

Old November 1st, 2016, 01:33 PM   #544 (permalink)
Elite Member
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 679 since Nov 2014
Thanks: 1,031 given, 550 received


rajab View Post
I know fundamentals are what you base your trading plan on. Do you look at the charts before you take a trade and if so what are some of the indicators you use?

Thanks

Yes, I look at the charts to check if there are any major support / resistance levels suited to place entries / exits.

Best regards, Myrrdin

Reply With Quote
     

Old November 2nd, 2016, 01:55 PM   #545 (permalink)
Trading Apprentice
westhills california US
 
Futures Experience: Beginner
Platform: TOS
Favorite Futures: FOREX,STOCKS,FUTURES
 
Posts: 28 since May 2015
Thanks: 26 given, 5 received

Futures Edge on FIO

Are you a NinjaTrader user?

 
I like to know what the quickest most efficient way to extract valuable and pertinent information from a data source such as
COT?

Thanks

Reply With Quote
     

Old November 2nd, 2016, 02:03 PM   #546 (permalink)
Elite Member
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 679 since Nov 2014
Thanks: 1,031 given, 550 received


rajab View Post
I like to know what the quickest most efficient way to extract valuable and pertinent information from a data source such as
COT?

Thanks

There is an excellent service by Floyd Upperman, which is online for 18 years. They offer a free 15 day trial subscription. (I am not related to Floyd Upperman and do not get anything for recommending this service. I subscribed to the service for some years.)

Best regards, Myrrdin

Reply With Quote
     
The following 2 users say Thank You to myrrdin for this post:
     

Old November 3rd, 2016, 03:57 PM   #547 (permalink)
Trading Apprentice
westhills california US
 
Futures Experience: Beginner
Platform: TOS
Favorite Futures: FOREX,STOCKS,FUTURES
 
Posts: 28 since May 2015
Thanks: 26 given, 5 received

Thinking of selling Feb NG put credit spread 2.5-2
2.5 seems to be a solid support on the charts. IM is low which makes it a lot more attractive than ES, CL, or GC. Maybe someone can educate me?

Thoughts please?

Reply With Quote
     

Old November 3rd, 2016, 05:42 PM   #548 (permalink)
Market Wizard
Houston TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 1,584 since Dec 2013
Thanks: 1,393 given, 2,357 received
Forum Reputation: Legendary


rajab View Post
Thinking of selling Feb NG put credit spread 2.5-2
2.5 seems to be a solid support on the charts. IM is low which makes it a lot more attractive than ES, CL, or GC. Maybe someone can educate me?

Thoughts please?

https://futures.io/commodities-futures-trading/40678-nat-gas-bullish-not-bearish.html

Reply With Quote
     

Old November 9th, 2016, 12:55 PM   #549 (permalink)
Elite Member
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 679 since Nov 2014
Thanks: 1,031 given, 550 received


rajab View Post
Thinking of selling Feb NG put credit spread 2.5-2
2.5 seems to be a solid support on the charts. IM is low which makes it a lot more attractive than ES, CL, or GC. Maybe someone can educate me?

Thoughts please?

Sorry I did not answer earlier, but I was travelling for some days to attend two conferences.

Seasonals for Natural Gas move downwards at this time of the year, and, thus, it is not a good idea to sell puts. Generally, NG can be very volatile at this time of the year, and hard to predict. On the one hand there are the seasonals, on the other hand a cold blast can result in a strong move upwards of NG prices. Volatility can be high, and option prices look tempting, but you have to be very careful.

Generally, when selling options it is not only important that the strike price is not hit. The Price of your Option can move upwards, and you have to close your Position with a loss.

Currently there are better trades around.

Best regards, Myrrdin

Reply With Quote
     
The following 2 users say Thank You to myrrdin for this post:
     

Old November 14th, 2016, 11:24 AM   #550 (permalink)
Trading Apprentice
westhills california US
 
Futures Experience: Beginner
Platform: TOS
Favorite Futures: FOREX,STOCKS,FUTURES
 
Posts: 28 since May 2015
Thanks: 26 given, 5 received

ZNH


Any thoughts on selling put credit spreads on the 10 year? with short leg 2% out.
Looking at the charts support at 123. Am I too close?
Thought please?

Reply With Quote
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > Options on Futures > Diversified Option Selling Portfolio

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

NinjaTrader 8: Features and Enhancements, Tips and Tricks

Dec 6
 

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: Algo Design Lab hands-on

Dec 13
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: Option Selling with and without insurance w/Carley Garner Big Mike Options on Futures 50 March 24th, 2015 06:52 PM
Portfolio Trader no erocla MultiCharts 1 November 27th, 2014 11:56 AM
"DTS" Diversified Trading System - Anybody out there!? ShaunG Vendors and Product Reviews 2 July 30th, 2014 06:54 AM
Diversified Trading Systems soch Vendors and Product Reviews 3 February 18th, 2013 10:12 PM
Portfolio Construction dgresens Psychology and Money Management 3 October 25th, 2012 04:33 AM


All times are GMT -4. The time now is 06:10 AM.

Copyright © 2016 by futures.io. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
 
no new posts

Page generated 2016-12-06 in 0.12 seconds with 20 queries on phoenix via your IP 54.158.157.24