Selling Options on Futures?

February 27th, 2021, 04:55 PM

Big Mike

Someone else in chat suggested that @ron99 was being dishonest in this thread, and lying about his trades. I do not monitor this thread, but if anyone else thinks that is true and has evidence, it should be reported of course so he can be banned.

The opposite is true, @ron99 has been posting for years and I believed him to be a valuable and helpful member of the community. If he has been, then he deserves the respect that we all do -- and should not be accused of being a scammer without absolute proof.

Mike

Here are screenshots of the monthly statement for my personal account with purchase & sale screenshots of all of the ES futures and options acquired in March of 2020.

February 27th, 2021, 04:57 PM

Big Mike

What's new with this thread?

@ron99 has gone silent?

Mike

Have been doing other types of trading lately that are not buying or selling of options.

February 27th, 2021, 05:00 PM

Big Mike

Just a note that we have an upcoming webinar that you should be interested in:

Webinar: Call Option Buying: The New Pain Trade?

Hi guys,

It is my pleasure to welcome Carley Garner (aka decarleytrading), for our 415th webinar event, on Tuesday, March 2nd @ 4:30 PM Eastern US.

The title for the event is "Call Option Buying: The New Pain Trade?", and bullet points …

Mike

Unfortunately, webinars are usually at a time, when Europeans are already sleeping. But I am sure that there will be a video.

Best regards, Myrrdin

February 27th, 2021, 05:09 PM

I have been posting energy and weather charts on my Twitter account.
https://twitter.com/Ronh999

February 27th, 2021, 05:39 PM

Given that this thread has the most experts in the domain. I am about to switch completely from trading underlying Futures to Options on Futures to account for the gaps of high margin beyond the close and premature stops. I am confused regarding what could be best ... Selling options as credit spreads or selling naked options or buying options OTM or ATM... What is the advise here from experts. It seems that there is deviation from selling options or even credit spreads though the webinar Mike posted warns from buying options ... Every advice from experts here is highly appreciated..

Sent using the NexusFi mobile app

February 27th, 2021, 05:46 PM

ron99

Have been doing other types of trading lately that are not buying or selling of options.

Glad to see you back and appreciate you sharing statements, for what it's worth.

Mike

February 27th, 2021, 05:47 PM

kevinkdog

I deleted my post, did not mean to cause disrespect. You asked a question, I gave what I thought was an honest answer. My bad.

Kevin, my response really should not have quoted yours. So do not worry, it is 100% understood that you were not disrespecting!

I will edit my previous post.

Mike

February 27th, 2021, 07:36 PM

Kindly @ron99 provide your new strategy details if possible as you are one of the experts in the domain.

ron99

Have been doing other types of trading lately that are not buying or selling of options.

Sent using the NexusFi mobile app

February 27th, 2021, 08:08 PM

mosalem2003

Kindly @ron99 provide your new strategy details if possible as you are one of the experts in the domain.

Sent using the NexusFi mobile app

I'm trading milk futures. Not something I would recommend to someone who doesn't have a background in the dairy industry.

February 28th, 2021, 02:00 AM

mosalem2003

Given that this thread has the most experts in the domain. I am about to switch completely from trading underlying Futures to Options on Futures to account for the gaps of high margin beyond the close and premature stops. I am confused regarding what could be best ... Selling options as credit spreads or selling naked options or buying options OTM or ATM... What is the advise here from experts. It seems that there is deviation from selling options or even credit spreads though the webinar Mike posted warns from buying options ... Every advice from experts here is highly appreciated..

Sent using the NexusFi mobile app

My approach as a discretionary trader is to select an own strategy for each trade. I like diversity not only regarding the underlying commodities, but also regarding the tool. Depending on the situation, I trade outright futures, future spreads, options, option spreads, butterflies, ...

According to my experience, there are times when the one or the other work better.

Best regards, Myrrdin

Selling Options on Futures?

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Selling Options on Futures?