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Options Strategies Discussion and Support Forum


Welcome to Etradehome Forum on Options Strategies. Feel free to post a message.
Any commentary or illustration generated in this forum is provided for educational purposes only. You must decide your own suitability to buy or sell options. This is neither a solicitation nor an offer to buy/sell stocks or options. Commission was not taken into calculation. Note: You have to know the risk of options writing before execution, especially naked call/put writing, bull/put spread, covered call writing, short straddle, short strangle, short guts, short/long iron butterfly, short/long wingspreads and short/long box.  Forum participants have to exercise responsibility and sincerity in message posting.

 

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Options Strategies Discussion and Support Forum
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Re: Acid test for Options Writing

Hi everyone,

Sorry for hibernating for a while.

In fact I was trading all the time, just did not update lately.

Thanks for publishing the statistics on delta loss on short guts based on different underlying. My acct was having some financial stocks, some oil ETF and QQQQ. The delta loss (and loss to high volatility) was near 16% yesterday morning (from August's high). After yesterday's slight recovery and rise in oil ETF, my acct is back to -7%.

I think once the market stays flat or up a little in next two weeks, all these delta and volatility loss would be repaired. My acct is still up by 16% year to date, it was be a better returns of 26% year to date before this pre-Sept 11 plunge.

Hope oil will keep on rising during this weekend (sorry, that means I hope a small hurricane will blow away a few oil rigs....)

JK