I got back into options trading in May 2016, so the data presented here are only about 6 months worth of trading data. I started off with Iron Condor trades but it was not easy to find trades with a good risk to return ratio. Obviously this was a new concept for me so I […]
This author has yet to write their bio.Meanwhile lets just say that we are proud tony contributed a whooping 42 entries.
Entries by tony
I know there are people out there manage to make consistent 20% by just simply selling major indexes such as SPX and/or SPY continuously. One question I had was about Implied Volatility. Would such trades still work even in the low IV environment? Logically, it should right? Otherwise these people who are doing it wouldn’t […]
Ever since I came across to Trade Apgar in early 2017, I wanted to know if this method would actually work for the type of option trades that I do. Fortunately, I already had some directional trades done in 2016 (Double Diagonal / Diagonal trades) so I used the “Ondemand” feature in Thinkorswim to analyse what I did. […]
Trade Overview : Company: VISA(V) Strategy: Double Diagonal to Short Reason for entry I did not have Trade Apgar test in my tool box so this trade was essentially a gut feeling trade. Winning ratio was about 50% but good return to risk ratio. Also the chart showing divergent that the money flow is declining […]
Trade Overview : Company: Facebook (FB) Strategy: Double Diagonal to Short Reason for entry When the trade was placed, the price was around $133.50. Weekly chart is showing up-trend but daily chart is showing weakness. Setting up a Double diagonal to catch a quick profit trade. Some cushion is incorporated so even if the stock goes up […]
“How did I get here? Why?” This was the question that went through my mind when I compiled the Profit/Loss of my trading record over the last 10 years. Negative $100K. It all started in 2006, when I started attending a business school part time. I wanted to get an MBA under my belt and […]