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Ron Grace
United States
Приєднався 8 лип 2013
Trading /MNQ Futures
Відео
#Selling #ironcondor in #COIN
Переглядів 1721 годину тому
Looking to make some coin trading coin with an iron condor
#Selling #Iron condor in #TSLA
Переглядів 24314 днів тому
Trading an iron condor in TSLA before earnings
#Selling a #put spread in #TSLA
Переглядів 2421 день тому
TSLA been on a tear looking to catch some of the ride
Very interesting method, kind of like scalping with a built in edge, very consistent in principle..... I have never seen anybody doing it quite this way, and I have been in this game a long time.... Tasty boys do something similar, with diagonals, going 30 days out with longs, but that is way more expensive..... I wish you could elaborate a little more, on your overall record doing this trade, if you do it regularly.... With executions - you go by deltas or technical analysis, watching the charts by the minute ? Also, your platform shows half a million BP on this trade - is it some kind of Tastyworks glitch ?
Hi thanks for watching. the trade works best when placed early in the day. say 15-30 min after the market opens. I look to make $100 and get out. as far as the buying power. Tasty for some reason has increased the buying power on SPX calendars to 500K unless you have 15k free buying power in your account at the time you place the trade. I have some futures positions on, so that money is not consider free until you close them out. I like to place the trade with as wide as possible where the tent payoff does not go to 0 in the middle.
Sure an iron condor is selling a vertical call spread and a vertical put spread that expire on the same day . You sell the calls above the current price You sell the outs below the current price
Could you explain an iron candor.
At what moment or how many points away from the price would you roll?
if it is a winning trade I take it off first thing when the market opens. ( dont let a winner get a way ) if it is a looser, wait until around noon and roll to at the money
AUDIO NEEDS SERIOUS ASSISTANCE
Never have done that.
Hi ron, do you ever roll up the short leg on debit spreads to increase profit?
Fix your microphone.
Interesting trade idea. New subscriber - I like your stuff!
Thanks for subbing
Simple, but works better than complicated ways taught. Thank you.
parabens pelo video , gostaria de entender mais sobre o svix , poderia falar sobre o efeito de beta deslizamento para posições holding no etf svix , obrigado
To teach how to trade
What was the purpose of this video?
I'm curious about getting out of a position because of the low liquidity and being stuck in an option on the micros. Have you tried a covered call or covered put option on MCL oil futures? Were u able to close the position? Thanks
You can trade in and out of /MCL plenty of volume
Great video - I am also using the VWAP and like it - I didnt know Tasty could chart that - good to know! Keep up the good work and I just subscribed
thank you glad you enjoyed the video
After doing CC how do you manage downside risk? ES can gap and you can loose more on the futures position compared to the option premium
What I do is keep selling calls, keep reducing my cost . until it is called away for a profit. after getting assigned a future I have had it called away the next day and I have had to ell calls for two weeks to make it a winning trade
@@rongrace6324 The problem in case of CC is not being called away, it is sweet problem, Main risk is if the underlying goes down rapidly and you cant sell calls at strike of original purchase, "Keep selling call" at what strike? if you lower the strike and things reverse then you get caught..
By having a pairs trade I’m assuming you’re reducing risk but using the comparison line chart as an indicator couldn’t you simply take a position in the NQ for a greater profit ?
you are correct with both comments. less risk and you could just buy one for a greater return
@@rongrace6324 🤩🥳🤩🥳🤩🥳🤩
IMPOSSIBLE to hear this clearly
You need a new crystal ball! 😆 Thanks for posting.
thx ron bless u
Ron, the audio starting at 30 seconds is not good.
sorry- I am going to have to listen before I post them . thats what i get for trusting a new computer !
4 pips?
I do like this idea, great stuff!
For a futures covered call; if the call is in the money at the call expiration, does the futures contract get called away, and the call premium kept? Just like with an etf covered call.
ua-cam.com/video/G-ILfvBFbKU/v-deo.html
Please can you explain the strategy?
The best days to place the trade is when there is no news event. look to take it off when you make $100
What time of the day do you usually enter the trade?
15 min after market opens
How far OTM are you buying?
around 100 points
@@rongrace6324 are you buying 1 dte or 0dte
Are you buying or selling the straddle/strangle?
you buy to open and sell to close
Promo>SM
🤩 P R O M O S M
Ron, I am interested to see your progress with this strategy.
I plan on posting results daily
Hi Ron, with the wheel strategy, or covered calls, you have point value of 50 a point on the es, the point value on the es call you sold is only worth 25 a point delta, its not equal to 50 a point, you still have 25 a point down side risk, am i right on saying that? gary
Are you sure it only $25 a point. I am looking at my broker showing selling the 5135 Call for Monday with a price of 12 points shows a max profit of $600 that $50 a point
thx ron
Hi ron, do you have a trading room? Gary
No I do not. I guess I should look into it
#timpool #alexjones #projectveritas #ufc #russellbrand #wwe #nyc #joerogan #nyc
Thanks for the update.
Thank you for posting this Ron.
Hope you know the vid was posted 2 years ago
Roll 'til you're right. :)
That’s the plan
Yeah, personally I never let either my desktop computer or laptop get over two years old before replacing. That said, Tom Sosnoff said on-air yesterday that the laptop he's used for TEN YEARS finally broke and he's going to need a new one. The IT folks kept issuing him new computers, but when you're the boss you can do whatever you want, lol. He just liked his Lenovo ThinkPad and kept using it. On the one hand it surprised me since he was the driving force behind the tastytrade platform which is in many ways cutting edge, but on the other hand, Tom's got strong opinions. It's just funny (to me) that such an innovator used an ancient computer.
I do the video on a low dollar laptop. it came with windows 10 out of the box it ran ok, after a large update it slowed down way down. So I removed windows and installed Ubuntu linux, it worked fine but after an update the program I use to record had issue with sound ! So I uninstalled it and now am using Linux Mint. it seems to use more resources about 70% of CPU and Ram. but you get what you pay for !
Have you been watching TastyTrade's reasearch segments on 0 DTE SPX trades? The data they're putting together over there is fantastic. They've been crushing it for many years, but the 0 DTE research is especially good.
Yeah, Tom mentioned on-air yesterday near the closing bell that it would've been "hard to hold" that through all the market's bungee jumping.
Curious why aren't you going for more profit? Your wings being $100 calendar requires a lot more BP. Tasty did research showing 15% profit was a 85% win rate. I ended up doing a Iron Fly selling 4745 with $30 wings.
Currently I have 100% win rate. I just record the opening trade. Most days I will trade it 1-4 times
I'm assuming you're recentering each time. Wings that wide theta must decay quick. Have a great 2024!!
@@wilsonmak You are correct. I recenter. yes theta most of the time is quick, I had one trade that made $100 in 3 minutes.
thx ron
your welcome. this trade has been making bank every day
Thanks for providing the information. how does the risk graph look like for this type of trade?
The closer it stays to the short strikes the better chance it has of making a profit. Today I placed one at market open selling the 50 delta call and put. It made 60 in a few min
That 12/19 trade actually netted a hundred, not "ten". :)
You’re correct
I have very similar results to you. Monday lost -250. I had won once in the morning, got greedy placed another trade in the afternoon and got completely burned. Placing the trade in the afternoon doesn't allow for enough theta to build up and if the price runs away from you then you are stuck with a loser. Tuesday +60, Wednesday +70, Thursday +125, Friday +140. These results are all pre fees. If I add in the fees and the loss from Monday I am up for the week so not bad just learning how this strategy works. Thank you for posting about this initially. Good luck this week!!!!
The new Tasty web interface is looking really nice. Good to see them investing in improving their platform.
Hope you managed the short call side because it blew way past it :O
Yea I adjust or will trade futures
Nice, simple summary of income necessary and the IC strategy.
Safe travels.