SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : E-Mini Pit
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: the-phoenix who wrote (7844)10/24/2002 10:38:17 PM
From: Dan Duchardt  Read Replies (1) of 11288
 
Dan Duchart (sp?) talked about this strategy here a while back: Sell NDX or QQQ straddles and hedge the trade with NQs to try and keep as much of the premium as possible.

Yeah.. he even tried it a couple of times with ES and OEX options and got whipped to death on the overnight moves. Could have managed them better, but hindsight is always perfect. Still, there are times when the strategy would work well because the futures move far enough away from the strike price so you can just sit on the position while absorbing the eroding premium. That just doesn't seem to happen when he takes the trade. Murphy's law prevails.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News