Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?

To: OX who wrote (1702)	9/25/2000 9:51:53 AM
From: Vol	Read Replies (1) \| Respond to of 2317

I begin to question any strategy when words like "failsafe" and "win/win/win" are used. I agree. Those are red flag words to me. IMHO, I contend that if one were "expert" enough w/ index option trading, one would probably be able to negotiate a decent profit w/ limited risk using this strategy. Seems like the strategy could be somewhat mechanized to take out the emotions and guesswork. Can anybody recommend option software where you could input rules and then backtest them? the problem lies in w/ significant movement of SPX (+/- 25 pts)... w/ a significant upmove, your long options will lose more value than your short UNLESS you roll up in a timely manner. likewise, w/ a sig downmove. Yea, and I wouldn't want to be too tight on my rolling up. easier to get whipsawed into making my broker rich. I don't think rolling down is as important. Vol