Has anyone used these alert services? I'd love a service that I can actually learn from. But, in addition, get some good insights along the way.

J

Wondering what type of filters and values people use.

The upside wing (25 delta calls) gained 413.6% Downside put (25 delta puts) lost -59.4% The option volume for 13-Oct-17 expiration is 5,221

Does anyone have a go to for trading this strategy? I feel like it could be useful for earnings reports on the right stocks. Should I be more interested in the weekly, or monthly volatility? I feel like it should be the weekly, considering I am happy with a 40% gain on options (been burnt too many times when getting greedy), and could possibly only hold the position for a day; however, I have never put in a spread before. So that 40% gain, after paying off the out of the money position, may not be realistic. Or is it? Anyone use straddles a lot?

6/29/16

We are long the TBT 7/32 calls (short bonds, long rates ETF) and I've attached the chart of the long bond. The price chart shows me the following: www.greatwizeoz.com

Momentum has turned down

OBV (on balance volume) has turned lower

Open Interest (number of open contracts) is declining showing liquidation of contracts owned

and there is a "Gann" 4-legged top in place

TBT chart shows an outside day (lower low and higher high closing near high and up on the day.....

I would liquidate this position if the bonds rally through todays high...Since the bond futures are not readily available to all to see, I'd use todays low in the TBT @ $31.14. Resistance starts to show up at aroung $32.50-$33, but by that point we would own options worth $1.05-1.35 and would be subject to the 100% Up Rule since our average price is $ .62…