Great to hear! We spend 4 weeks on Long & Short Verticals. Here is the link to the Getting Started with Options series: th-cam.com/play/PL8a6s5nq1lPRcGlhhMLSqx1BK1rttI00R.html&si=NbSfubXSJuPVoxj9. There is also a class dedicated to Short Verticals taught by Ken Rose. Here is the link to that playlist as well: th-cam.com/play/PL8a6s5nq1lPTQAZhOf0joy7Z3y2zXCpHE.html&si=aPmoohODHaHV8CXG. Enjoy. ^Barb
Hi Barbra, I have a lcv 19 jan24 275/280 current price is at 299. I paid 3.52 to enter, it now costs 4.62. I thought this was ideal scenario but I’m down 43% can u help me understand
Hmmm. I cannot provide advice on individual trades but my guess is that you placed a SCV instead of a LCV trade which would explain why it is showing at a loss. I would suggest contacting the trade desk and they can look at the trade (whether it is in your paperMoney or live account on thinkorswim) and perhaps shed some light on this mystery. ^Barb
Thanks...always very good...learn a lot. Plan on following up further with training you referenced to dig deeper in Verticals.
Great to hear! We spend 4 weeks on Long & Short Verticals. Here is the link to the Getting Started with Options series: th-cam.com/play/PL8a6s5nq1lPRcGlhhMLSqx1BK1rttI00R.html&si=NbSfubXSJuPVoxj9. There is also a class dedicated to Short Verticals taught by Ken Rose. Here is the link to that playlist as well: th-cam.com/play/PL8a6s5nq1lPTQAZhOf0joy7Z3y2zXCpHE.html&si=aPmoohODHaHV8CXG. Enjoy. ^Barb
Nice class...thanks
Glad you liked it. ^Barb
Still loving your classes, got week 8 done!
Impressive. Keep on going! ^Barb
Sorry, forgot to add that it is on AMGN
Gotcha. See the comment below. ^Barb
good1
Glad you found it helpful. ^Barb
Hi Barbra, I have a lcv 19 jan24 275/280 current price is at 299. I paid 3.52 to enter, it now costs 4.62. I thought this was ideal scenario but I’m down 43% can u help me understand
Hmmm. I cannot provide advice on individual trades but my guess is that you placed a SCV instead of a LCV trade which would explain why it is showing at a loss. I would suggest contacting the trade desk and they can look at the trade (whether it is in your paperMoney or live account on thinkorswim) and perhaps shed some light on this mystery. ^Barb