william the wie
Gold Member
- Nov 18, 2009
- 16,667
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My goal minimal losses 87.5% of the time and really big gains 12.5% of the time.
Starting point buying an at the money straddle with an expiration date of about a year away.
Original loss minimization model buy more straddles as the market moved. The does reduce losses and has worked for me.
New idea buy a slightly out of the money put when the market goes up or a slightly out of the money call when the market goes down. More profit is good but less loss when the market is in a trading pattern is better.
What's wrong with this strategy, anything obvious?
Starting point buying an at the money straddle with an expiration date of about a year away.
Original loss minimization model buy more straddles as the market moved. The does reduce losses and has worked for me.
New idea buy a slightly out of the money put when the market goes up or a slightly out of the money call when the market goes down. More profit is good but less loss when the market is in a trading pattern is better.
What's wrong with this strategy, anything obvious?