Andy's Profile

13
Points

Questions
1

Answers
5

  • Asked on May 15, 2017 in Options Strategies.

    Hi There.. there is no single strategy that will have the ability to give you 10% PA. You need to pick the right strategy based on the greeks  and need to be on the writing side. You need to become a net seller than a buyer to make this kind or return. The return can be higher to about 18-24% per annum if you learn the ropes properly.

    Cheers.. Andy

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  • Asked on May 15, 2017 in OptionAction.

     

    Hi There.. they mean one and the same. Writing = Selling.  They are synonyms in the options world.

     

    Cheers.. Andy

     

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  • Asked on May 15, 2017 in Options Strategies.

    Hi There… You will need to buy Deep OTM (out of money) cheap options and pray that the market makes a big move in your favor.

    This almost definitely qualifies as gambling and i would not take this route.

     

    Money attracts money. So larger the account size, you will be able to write options and odds are always in favor of the writers as theta is their friend and with right strategies chosen based on IV rank you will end up with 2-3% per month with least stress.

    You need to seriously consider writing options based on strategies if you want to have consistent  income and on going success.

     

    Cheers.. Andy

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  • Asked on May 15, 2017 in OptionAction.

    Guys… would like to see the HV Rank against the current IV so that we can pick the right strategy !!

    Please do work on the HV calculation . I know that the bonus declaration etc will be troublesome but it will be the key to making the application a premium feature.  Subscribers will be able to pick the right strategy by comparing the HV and IV.

     

    Cheers… do let us know.. Thanks.. Andy

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  • Asked on May 15, 2017 in OptionAction.

    What do you mean one time license cost ?  It will most definitely be a recurring monthly / quarterly or annual charge.  if you are writing options then you need to able afford to pay for the application that feeds into your profits 😉

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