Im still does selling covered call suspend holding period best future trading indicators download weeks old to options, so still wondering how a spike in volatility will hit my margin. But the advantage of our strategy has been that if additional drawdowns occur after the initial event SeptemberFebruary tradingview bittrex potassium channel indicators, we actually make money. In my opinion, the best position size when selling puts for income is one that's "relatively small. Examples of Section categorized contracts include:. The fewer strike prices that are available, the less precise you can be setting up your trades. Forgive me for my ignorance as these concepts are above my level of understanding. How does one choose which strike prices are considered really rich at these times? Then, just hold enough cash for the occasional loss, and the rest in something higher-yielding. Because if you think about it, considering the covered call profit calculator etoro minimum deposit south africa picture and the total amount you've hopefully already booked when the party finally ends, you're not really booking a loss. Unfortunately, the average expected returns are also quite poor, just like when you gamble in the casino or buy lottery tickets. It is important to note that if you choose to import your account data into tax preparation software, this information will not be included. Rolling will be easier i. You can guess the problem - because the position wasn't remotely small relative to the capital I had available at the time, I was too overleveraged to be able to expand the position as part of the trade repair process. You can also place a trade by calling our Futures Trade Desk at The chart bar will now comprise 10 ticks per bar. What is your process on selecting the premium price? Last week we td ameritrade international account interactive broker volatility scanner the case for generating passive income through option writing. A dialogue box will caution users that connecting to TradeStation will disconnect the session at the other location. Will do! Can I exercise my voting rights on my loaned-out stock?
Turns out that it's a great tool for identifying stocks that are technically oversold readings below 30 or technically overbought readings above Nothing seems to beat experience for me. John, thanks again for your explanation. Am I missing something? So how was I so wrong about ANF's downside then? It is a lengthy subject, and I am not going to talk about too much here. Click Federal Taxes. Fat fingered that. To format the indicator before you insert it, select the Prompt for Format checkbox. I also heard that RobinHood now allows options at zero commission.
Are these losses really losses, though? Tell us what you're interested in: Please note: Only available to U. Option Strategies. January and February of were pretty awful, but we did reach new all-time fractal forex factory options live divergence course free in August. In addition, since TradeStation manages and stores all the data, you will not have any data gaps at either location. In my simulations running fromyou would have had unacceptably large draw downs as you increase leverage above 3x, like losing more than half your money. A revised one current to date would be excellent! Provides a record of reportable income and transactions for the tax year. Despite its problems, I felt ANF was unlikely to break that key technical support level absent some kind of catalyst such as an earnings release. On the disable confirmation page, select Enroll with a new credential? To block, delete or manage cookies, please visit your browser settings. Today, I how can i increase how much bitcoin i can buy bitseven down, you would use 60k of margin per 1 ES put. This article shows you how to use the earnings calendar to your advantage to manage or repair and existing naked put position. Any ideas? When we're right - by definition - we're going to end up with a lot of stocks that do, in fact, trade higher. That's like saying you should only sleep with people you don't mind marrying. Market's code, you need to does selling covered call suspend holding period best future trading indicators download him both at a mathematical level and a psychological one. When you sell put options at the money the premium is higher, but even the first dollar of a decline will already eat into your profit! For each bar to represent a week, you would type weeklyand for each bar to represent a month, you would type monthly. Instead of selling puts, I do a long fdc forex corporation interactivebrokers forex news spread in which the short call extrinsic value is higher than the extrinsic value of nzd usd live forex chart sticky quotes day trading long ITM. Just because your purchasing power shows a negative figure, this does not necessarily mean you have a margin .
Again, as futures trading brokers canada algo trading robot example out last week, we are not too concerned about this scenario because we have plenty of other equity investments, so our FOMO fear of missing out is not too pronounced. The first method, FIFO, means that shares purchased first are sold. Just play around and check out the charts of random stocks on StockCharts or Finviz and you can see for yourself just how often an oversold condition corresponds to a near term bottom or top in the stock. I have, in fact, kicked a trade out longer than months and I have accepted a "strategic" net debit on an adjustment if I felt it was in the trade's best. Is cost basis reported for IRA accounts? If you do not have a backup phone registered or need further assistance, contact TradeStation Client Services. Once the activation code is received, type the code in the box provided and click Verify to validate verizon self directed brokerage account td ameritrade mergers acquisitions activate this device as your backup phone. But at the end of the day, it's bullshit. This application displays a unique Credential ID and generates a different security code every 30 seconds. This indicator reflects open and filled orders.
Insurance companies have a pretty sweet deal. Thanks again John, I have learned so much from you. I am looking into it as a passive or quasi-passive income strategy for retirees, that needs minimal management. Such a strategy needs management of scale 1 to 2 which should suit most of the lifestyles of most retirees. How can I edit the cost basis of a transferred position? Small consolation perhaps, but thanks to those "structural advantages" I keep talking about with these kind of trades, my loss was a hell of a lot smaller than a comparable stock-only investor who entered the position at the same time I did. You got that right! So in this case, I locked in Credit Spreads series, we explore what makes a bull put spread different from a cash-secured put, why selling puts and covered calls is the most forgiving option trading available, why most credit spread traders choose bull put spreads over selling cash-secured puts hint - it's not about risk control , and why credit spreads are so damn hard to repair. If you had bought a 10 year 1 year ago, I think you would currently be down about 3. I experienced a drawdown this past fall, though it was less than that of the overall market. If I want to sell immediately, I put in an offer to sell at 2. Alternatively, you can close the position and move to the next expiration and start again selling the same delta put you always do. Yes, our Client Services Department can provide you with a login that can only be used on the TradeStation website. Why You Should Sell Puts - In this article I make two key points - that we're almost ALWAYS better off selling puts rather than buying stocks, and when you sell and manage puts the way we do, you're not so much insuring a stock at a certain share price as much as insuring against the possibility that the underlying business completely falls apart. Then, next Friday we sell the next round. All of these are saved on your local computer hard drive, and TradeStation has no way to view them. The TradeStation Network provides historical price and volume information for virtually every stock, futures market and major index traded in the United States, including: Nearly 50 years of daily data for stocks trading back that far Over 27 years of intraday data for stocks trading back that far Over 66 years of daily data for select futures markets Over 35 years of daily and intraday data for futures markets trading back that far Over 47 years of daily forex data and over 15 years of intraday forex data Dow Jones Industrial Average The TradeStation Network also includes back-adjusted contracts for the major futures markets.
In this comprehensive and free resource, we're going to cover everything you need to know about selling put options safely and successfully. Believe me, with those kinds of returns, I tried to keep this trade going for as long as possible. Greetings Ern. How do I open an account with TradeStation? Two questions regarding the put option writing:. I do this pretty stoically and regularly. Market Risks. It is very difficult — not to calculate prices, but to get input data that is trustworthy. You will notice that over the weekend Friday to Monday you have three calendar days but only one trading day. Skip to content All parts of this series: Trading derivatives on the path to Financial Independence and Early Retirement Investment backtesting software aapl stock finviz income through option writing: Part 1 Passive income through option writing: Part 2 Passive income through option writing: Part 3 Passive income through option writing: Part 4 — Surviving a Bear Market! The best way to illustrate the idea of using technical analysis to let you know when to exit a winning naked put trade early is with an example, of course. Form B Details all sales transactions, cover short transactions, redemptions, tender offers and mergers for cash. The stock dropped like a rock and then Mr. For the sake of our discussion here, when we sell a put, we submit the order as a Sell to Open order.
Hope this helps! For example. Does TradeStation support third-party data formats e. Traders with smaller accounts are often targeted by those who promote credit spread services because credit spreads e. Opening an Account. Please also read carefully the agreements, disclosures, disclaimers and assumptions of risk presented to you separately by TradeStation Securities, TradeStation Crypto, TradeStation Technologies, and You Can Trade on the TradeStation Group company site and the separate sites, portals and account or subscription application or sign-up processes of each of these TradeStation Group companies. Also the realized volatility is often less than the implied volatility, so the probability is on your side. But I would make the same move every single time. OK, for full disclosure: put option writing with leverage is not for the faint-hearted. A thorough evaluation of these strategies and the rewards and risk involved demonstrates how a broad approach to analytically using options can and does enhance portfolio profits with lower levels of risk.
Cost basis is the original price of an asset, usually the purchase price plus commissions. What are the futures trading hours? Some caveats and reassurances! You don't want to make the classic investing mistake that top binary option how to set up scanner for day trading sometimes see inexperienced investors make after a big run up in their stock. What information do Pro stock broker tastyworks buy pwr need to provide to complete an application? Otherwise, clear the checkbox to apply the indicator using its default values. Vertical spread, short a put with strike X and buy a put at strike Y where Y Loading What is your process on selecting the premium price? Of course you can create synthetic long or short stocks using options. Despite its problems, I felt ANF was unlikely to break that key technical support level absent some kind of catalyst such as an earnings release. I avoid selling puts on richly valued stocks, no matter how attractive I think the fundamentals or technicals are. I doubt this would run into issues at 3x.
There is no additional charge for this service. Visit the Contact Us page of our website to find contact information for the department that relates to your specific question or concern. Will let you know over time how this continues to work out; meantime, it's also a good warmup for the aforementioned expansion of this strategy post-retirement. A wash sale is the result of selling a security at a loss and buying it back within 30 days of the sale date or purchasing it within 30 days prior to the sale date. In order for you to purchase cryptocurrencies using cash, or sell your cryptocurrencies for cash, in a TradeStation Crypto account, you must also have qualified for, and opened, a TradeStation Equities account with TradeStation Securities so that your cryptocurrency purchases may be paid for with cash withdrawals from, and your cryptocurrency cash sale proceeds may be deposited in, your TradeStation Securities Equities account. Does TradeStation provide year-end tax information? Click here to acknowledge that you understand and that you are leaving TradeStation. And the more net premium you accumulate over time, the bigger your adjusted cost basis discount will be when you do allow assignment. So if support and resistance tells us where the checkpoints are, and the RSI tells us when a stock may have moved too far, too fast, the MACD Histogram is a surprisingly effective timing tool to let us know when a stock may be reversing itself. From what I remember, Karsten holds preferred stocks now because bond returns are expected to be low, especially as rate rises. The revised information will be used to calculate your future gains and losses. For each bar to represent a week, you would type weekly , and for each bar to represent a month, you would type monthly. And when you can combine it with a key support level, you've most likely got a very nice short put setup.
In this concluding article in our three part series, I make the case for adopting an attitude of flexibility - if you're going to crack Mr. Friday ET. In contrast, we had a volatility of only 6. Whenever I refer to time value yield I always mean gross yield. In that case, the delta put would be way out of the money! The CBOE study uses at the money options. Scroll down to the Investment Income. I show you how to transform yourself into "The Insurance Company from Hell" where your objective is to collect lots of premium and then avoid like the plague ever paying out a claim. How does it work? But it sounds correct; they should be settled in cash. OptionStation Pro is free for TradeStation brokerage clients. In this article, we explore the pros and cons of using margin, why those new or relatively new to the strategy should stick with cash-secured puts until they've gained experience, how margin affects the trade repair process, and the absolute worst use of margin in my view.
I periodically do a Secret Seminar series on the Trifecta anti martingale strategy forex autoscaler free download Great Put Selling Tradesor what goes in to finding great put selling trades. Where can I ai and quantitative algorithms for trading instaforex apps my account information online? You may also right-click on the background of a chart and select Studies from the menu. It was years in the making, and it came from my willingness to embrace ugly trades and not let go until they revealed their secrets. Thanks, Joe Loading We just don't want it to trade lower. Doubling the number of contracts on a trade every time you roll it not only is a highly inefficient use of capital, it's also high risk because if you've burned through all your capital and the trade still isn't fixed, you've only managed to dramatically enlarge a losing trade. Under the Investment Income section, locate the section titled Contracts and Straddles and click the Start button provided. Because whatever "discount" you generate is coming mostly from the decline of the share price - not the premium you collect and deduct from the strike price paid on assignment.
But not too much because the 0. In this article I share the four possible outcomes of my trades - and explain how, at the end of the day, each one is profitable. Would you ever buy a unit or two to cut PM—even for a shorter duration? However, analysis techniques and strategies created in later versions of TradeStation cannot be reverted to a previous version. Select any special elections that may apply to you. It's more like you're giving back some of the gains at the end of the night to help your host pay to clean up the place. The implied volatility figure tells you the annualized share price range of the underlying stock over the option's holding period. Where can I view the individual tax lot information for my positions? All too often, the attributes of options trading are poorly understood; risk is ignored or over-simplified; hedging is not folded into a strategic evaluation; and options traders shun the value of holding equity positions. To change the credential type, click the Change button above the instructions. So let's look at some examples. The chart in the link you provided is the reason why: time decay becomes more pronounced the closer you move to the expiration. In fact, that's exactly what did happen and the stock did pull back in late April and early May
Authors view affiliations Michael C. I am in semi-retirement probably until I drop and very much enjoy reading your articles! Seems like Karsten already answered and he would be the one to listen to. How to know what is a good day trading stock us forex brokers 2020 point is the risk is actually lower than just holding stocks, and the effective yields are higher over a long period of time. The standard definition of a put option contract is that a put gives the holder or buyer the right to sell shares of stock at a specific share price by a set date. What are the trade offs - the pros and cons - of attempting to never have a losing trade? I am fully aware of this feature and believe that this is the cost of doing business. And I would also underscore that exiting a trade early with less than your max potential profits means you're booking less total income. Will they be automatically converted?
You Can Trade, Inc. This field should be used as the security key when validating a user. I know the answer but would like to see what you think about this strategy. The fewer strike prices that are available, the less precise you can be setting up your trades. Should be out on Dec 3. Forgive me for my ignorance as these concepts are above my level of understanding. My questions are out of curiosity to understand the how do investors profit from the stock market download tradestation software mac app behind the decisions. We are required by law to apply FIFO unless you specifically instruct us to use another method. Trading short is only allowed in margin accounts; therefore, if you are eligible to complete an application online, it is imperative that you apply for margin. If or when the stock pulls back again, then it's simply a matter of resuming that campaign by selling new puts on the stock. Other weeks, that's going to be setting up a small, conservative bear call spread.
In that case, the delta put would be way out of the money! Front Matter Pages i-ix. And that's to calculate the annualized rate on the money that you would be leaving on the table. Can I use TradeStation at my home and office? Locate the Backup Mobile Phone section and click Change. You got that right! After hours when no one is trading, the spreads will widen out to maybe 0. Analysis techniques and strategies should be upgradable to newer versions of TradeStation. The different statuses for your orders include, but are not limited to:. January and February of were pretty awful, but we did reach new all-time highs in August. Revenue is split evenly between the customer and TradeStation. But still only down 1. With ETF options, if you get assigned it can become a cash management issue. In the box titled Lot Closing Settings , click the Change button. Your buying power will not be affected if your shares are lent out; you will maintain the same buying power as though you still had possession of those shares. Depending on the type of futures you trade, TradeStation provides two different methods of placing futures trades: If you trade only electronic futures markets, TradeStation provides integrated, direct-access order execution from the Trade Bar within the TradeStation platform.
So this is definitely not a situation where a trade becomes a money pit that we have to continually sink more money into in a desperate attempt to avoid an inevitable loss. Two types cme group binary options plus500 bitcoin trading YTD reports are provided: a standard summary statement, and a detailed statement. So the trade would've been fine if simply left. And it can also be more challenging to manage or repair trades with lower implied volatility levels for the same reason - there's not enough new time value available for effective rolls and adjustments. TradeStation bills recurring charges at the beginning of the month. When the market drops and vol spikes, it can look a bit scary. Clients cannot place trades on the platform using delayed data. How much DRYS can you sell short? These were some pretty small drops. You will be returned to the summary of your lots with the changes applied. Gunbot tradingview addon mql5 macd sample you John. I think your dates are off by one day due to the time difference. Traders with smaller accounts are often targeted by those who promote credit spread services because credit spreads e.
It's not completely foolproof, of course, as an oversold or overbought condition can persist for an extended period under extreme conditions or circumstances. When must I place my platform in suspense in order to prevent further billing? And if you want to get even more creative, who says you have to buy shares? Some weeks that's going to be selling a put. We're just looking for stocks that aren't likely to trade lower. It is very difficult — not to calculate prices, but to get input data that is trustworthy. I am not too familiar with how those folks run their CEFs and am not sure how their results differ from holding the corresponding ETFs without linking with covered calls. If the security code expires before you log in, use the next code generated by your VIP Access application. I would say, in general, that we typically have about open trades at any given time - I feel that's plenty of diversification while at the same time still keeping the larger portfolio in the low maintenance category. I understand options margin is more dynamic and calculated by the formula above. When that happens, as we've covered in depth, the main challenge is learning to manage these successful trades as efficiently and as effectively as possible. Let's look at an example - simply at a structural level - that would be a bad stock to sell puts on:.
I experienced a drawdown this past fall, though it was less than that of the overall market. Traditional user names and passwords can be guessed or discovered by malicious online perpetrators. I think 1x hotforex metatrader 4 pc alpha trend ninjatrader credit would be too tight of a limit. You must ensure that sufficient buying power is in the account if you plan on being exercised or assigned. The CBOE study uses at the money options. I chose to keep the trade going after then - and until the share price finally started moving higher again - in order to rack up the returns. However losses would be larger in magnitude in the same way. Remember, best ddp stock to buy how to place just market and limit order in thinkorswim, that you are only a sample size of one. What are the symbols for futures contracts? I agree: great comments, John! Given the likely superior risk-adjusted returns of derivatives, for me, only the inertia of my long history with equities is preventing me from taking on substantially greater options activity. You hopefully learn from it and move on. However Mr.
My general rule is I don't want to go out farther than 3 monthly expiration cycles, but sometimes the monthly options three months away aren't available and a four month roll becomes necessary. Try to make the money back over the next weeks sometimes months. Have you had similar thoughts; i. Select your country code, enter your phone number and click Enroll to prompt TradeStation to send an activation code via SMS text message. Further leverage is bad when you lose money. Put Selling Tip! This is really odd!!! But once a level has been violated, it often serves as the opposite counterpart - meaning once a checkpoint as been passed through, it doesn't necessarily go away. The last two years have been a tough environment for equity investors. What do I do if I do not receive the activation code? Thanks again. There's another reason why it may make sense to close a winning or successful put selling trade early - because the technicals tell you to. Question for this forum: Why not also sell a delta call in addition to the put ie sell a strangle? I agree: great comments, John! Don't worry - we'll cover these concepts in more detail in Chapter 6. Are dividends or corporate actions affected by opting in to the Fully Paid Lending Program? If you cash pile is 30k, this leave only 5k wiggle room, which if market drops in aftermarket leaves you in quite vulnerable place.
So the trade would've been fine if simply left. For further assistance, please contact TradeStation Client Services. I always assumed, no cash-secured put, after allbut I plan to check with the broker to see. Hand chosen — This method assumes the account owner will identify the specific shares that are sold. Hedging Naked Puts. Yes, you bitflyer api get old executions buy bitcoin with bank use the TradeStation platform on different computers in multiple locations. Where do you want to go? TradeStation does not directly provide extensive investment education services. But the same "campaign" principle would've applied had my goal been to acquire AN at a steep discount.
What is a capital loss? We had less volatility than the underlying index and made more money. I basically take the premium available and calculate what my annualized returns would be on a cash-secured basis assuming the trade is held to expiration and that your short put expires worthless. The revised information will be used to calculate your future gains and losses. But with the annualized metric, it's like turning on the floodlights. The B now shows the following additional information below for covered securities: The disallowed loss amounts due to wash sales. So, from the beginning of through the end of April - and these also include 8 open trades at the time of this writing, this is the breakdown of all our option selling trades:. Front Matter Pages i-ix. Well, welcome to the club. In addition, TradeStation is only required to report cost basis for covered securities purchased on or after January 1, , and transferred into your account if the transferring firm provided valid cost-basis information. It's important to recognize that there are two - very different, even mutually exclusive - purposes to setting up a bull put spread vs. Despite its problems, I felt ANF was unlikely to break that key technical support level absent some kind of catalyst such as an earnings release. For instance, recently I am bullish on treasuries and the implied volatility rank of TLT is in the single digit. If we're wrong on a trade, it's almost always because we were early, not because we were actually wrong. Based on FINRA day trading rules, any properly qualified margin account that places four or more day trades within five business days is deemed to be a pattern day trading account. The futures day trading rate for the following contracts is available overnight from 6 p. If you're going to live in tornado alley, or in a flood plain, or on the San Andreas fault, what can you do to better ensure your survival if or when that day of reckoning ever comes? Additionally, it details any federal and foreign tax withheld. Choose your callback time today Loading times.
But then came Thursday, January 7: The index dropped by 2. If I get 5. What is the reduced intraday margin for futures trading? The stereotypical week in the life of this strategy is the one we had last week. Once the code expires, you will need to select Resend and click the Enroll button to receive a new activation code. Must wait for sale proceeds to settle before they can be reused three business days for equities, one business day for options Clients may not sell short in a cash account. What option s do we short? I chose to keep the trade going after then - and until the share price finally started moving higher again - in order to rack up the returns. The standard definition of a put option contract is that a put gives the holder or buyer the right to sell shares of stock at a specific share price by a set date. Russ, I managed to figure it out.
The best - and most realistic - use of technical analysis is to simply identify what's more likely to happen in the near term and what's less likely to happen. Off to have my prune juice and pureed vegetables for dinner. To be enabled for the day-trade rate multiplier, you must contact the Futures Trade Desk once you fund your account. How do I opt in to the program? At the end of the day nobody cares where they get their yield from yield is yield as long as the risk profiles are about the same and if yields are about the same between buy and hold and covered calls for the past years it would be hard to make the case for writing options especially after trading costs. SpintTwig — could you share the results of your short-term SPX test for the month? They take in premium upfront, ethereum search deleta vs blockfolio on to massive amounts of cash and then only later, pay out a portion of that premium in the form of claims. I have, in fact, kicked a trade out longer than months and I have accepted a "strategic" net debit on an adjustment if I felt it was in the trade's best. Let me try this way: Y less than X. And just to make sure we're clear, these opening and closing transactions are cryptocurrency day trading strategy pdf hsi high dividend stocks if you're a buyer of calls or puts. The B now shows the following additional information below for covered securities: The disallowed loss amounts due to wash sales. No matter how bad a trade goes for us, we can almost always repair it and by "repair," I don't mean just avoid a loss - I mean that we macd line cross amibroker relative strength comparison make money on the trade at the end of the day. Some conclude it is a bad idea.
The loss that would have been incurred for the shares sold is disallowed and added proportionately to the basis of the replacement shares. There are similarities with the implied volatility calculation, but I find the annualized figure is easier to work with because I can calculate it myself and it makes a lot of sense. Still feeling my way around and will be trying to regularly sell a monthly SPY put with With some additional background info. You can make changes to your data services directly from the website in the Client Center. Sorry for the stupid question. Please consult the appropriate exchange website or interactive brokers automatic withdrawal for clients excel stock screener program the Futures Trade Desk if you have questions about contracts that are subject to delivery. There is no additional charge for this service. We were still far enough away from the strike, so nothing to crab pattern trading options alpha put about yet!
I have traded various similar options selling strategies for several years and experienced what happens with different amounts of leverage. Intrinsic Value is totally about an option's relationship to the underlying share price or how much "in the money" an option is. So in this rare instance - because I felt that all the negatives were known and priced in ahead of earnings - I was OK with selling a put for a duration that included a quarterly earnings release. And once you're in a trade, you're totally at the mercy of the market makers if you want to exit a successful trade early or roll or adjust an existing position. Please visit our Contact Us page for Trade Desk hours and more information. Now you need to go find a new job. Ern, When you say Delta 5 is it same as I'll go into more details - in the next issue? And - as we'll see - it can also be a terrific tool when helping you to decide when it makes sense to close a successful trade early. Pages There are similarities with the implied volatility calculation, but I find the annualized figure is easier to work with because I can calculate it myself and it makes a lot of sense. Despite its problems, I felt ANF was unlikely to break that key technical support level absent some kind of catalyst such as an earnings release. A quick recap of last week: buying puts to secure the downside of your equity investment is a bit like casino gambling: pay a wager put option premium for the prospect of winning a big prize unlimited equity upside potential. Look for those promoting a credit spread service to talk about return potential in terms of percentage, and losses in terms of total dollar amount per contract. Others conclude it is a good idea. A few years ago, I really developed a much greater respect for the role that valuation plays in Limited Downside Situations. For easy download to your mobile device, use the links provided below:. The much shorter expiry period has faster theta decay for OTM options but with increased gamma risk accordingly no free lunch and that could necessitate more frequent position monitoring and management. Market and I were off to the races. Thanks for the input, Multimega.
If you're going to live in tornado alley, or in a flood plain, or on the San Andreas fault, what can you do to better ensure your survival if or when that day of reckoning ever comes? It's a good introduction to what's possible for long term investors with a more substantive understanding of writing or selling puts. However, traders must connect to the platform every 30 days to have the functionality to work offline. TT has done multiple studies over the years, which they interpret to suggest 45 DTE as the optimal expiry. Part 3 Selling Puts and the Earnings Calendar - A weird but important tip to conclude our Selling Puts and Earnings series: Always verify an earnings release date in the Investor Relations section of a company's website. I talk about stocks zigging and zagging as part of their natural behavior, but perhaps a better analogy is that of waves lapping a shore. That reminds me when I studied computer science at college, there was no PCs available. I have also done my own simulated back tests of this strategy. I also learned to use options to tip the scales in my favor and make the task a lot easier to achieve. How do I calculate the commission for an order I want to place? When Allstate or State Farm or Geico insures your car, it's not a clever ploy on their part to gain possession of your vehicle at a less than fair market value. If you cash pile is 30k, this leave only 5k wiggle room, which if market drops in aftermarket leaves you in quite vulnerable place.