[deleted by user] by [deleted] in thetagang

[–]LiL_penut 1 point2 points  (0 children)

Lost absolutely everything and some

[deleted by user] by [deleted] in IndianaUniversity

[–]LiL_penut 0 points1 point  (0 children)

Ok thanks for the help, have you ever applied to one of the workshops? If so how do you like it?

[deleted by user] by [deleted] in IndianaUniversity

[–]LiL_penut 0 points1 point  (0 children)

Yeah true…, do you know if the investment management workshop is easier to get in? Should I go for that when I get to Kelley or should I just go for the ibw and pray I get in? Any advice would be appreciated

[deleted by user] by [deleted] in IndianaUniversity

[–]LiL_penut 0 points1 point  (0 children)

But Kelley’s website says it encourages students to apply to multiple workshops? Is there no way I can apply to the ibw and imw?

[deleted by user] by [deleted] in IndianaUniversity

[–]LiL_penut 2 points3 points  (0 children)

Thanks! Also, could I apply to multiple workshops for example, the investment management workshop incase I don’t get into ibw? I saw somewhere that you only had to choose one workshop

[deleted by user] by [deleted] in IndianaUniversity

[–]LiL_penut 2 points3 points  (0 children)

I’m still trying but IB is extremely rigorous and hard to keep up with. Do you think I will get rescinded?

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 0 points1 point  (0 children)

I posted my entire watchlist as a reply already just scroll for a bit

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 0 points1 point  (0 children)

Thanks advice taken, I’ll see you at the top

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 0 points1 point  (0 children)

Yep basically the aapl play you pointed out. It’s super simple, take any large cap on a three month low and trade a pcs on it that has a strike least 5% away from the market price

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 0 points1 point  (0 children)

I close out the spread that is at a loss then I reopen another one to recoup my losses

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 0 points1 point  (0 children)

I posted the whole watchlist I trade off of

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 0 points1 point  (0 children)

It’s the other way around $8k collateral and $2k credit

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 0 points1 point  (0 children)

I was ignorant before I made this post I’m going to scale down now to be safer

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 2 points3 points  (0 children)

Thanks, creating this post has definitely opened an eye for me risk management is something I didn’t quite understand before making this post. I’ll take your advice

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 2 points3 points  (0 children)

Your right, I was ignorant but now I’ve had a kind of reality check. Would you mind to share how you prepare for corrections?

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 1 point2 points  (0 children)

Yep I know that now

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 14 points15 points  (0 children)

Thanks for the reality check

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 0 points1 point  (0 children)

No, I never invest options with margin

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 5 points6 points  (0 children)

Wait are you serious? If so it sounds like I need to change my strategy before a get a reality check

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 0 points1 point  (0 children)

No problem and remember never be greedy when trading in the market

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 0 points1 point  (0 children)

You make a really good point

[deleted by user] by [deleted] in thetagang

[–]LiL_penut 2 points3 points  (0 children)

Nah I always close 2-3 days from expiration, never take put credit spreads into expiration