| PDF Title | : | Get Rich with Options |
| Author | : | Lee Lowell |
| Language | : | English |
| Publisher | : | Wiley.com |
| Format | : | |
| Total Page | : | 275 Pages |
| PDF Size | : | 7.50 MB |
| PDF Link | : | Read and Download |
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“The best way to see how the strategy works is with good old-fashioned examples. All the examples that you will see in this chapter are actual trades that I’ve done in one of my smaller commodity trading accounts. These trades constitute one part of my overall trading portfolios.
Not only will I show you the chart that I used to make the initial assessment, but I’ll also include the confirmation statements from my broker. There are no hypotheticals or fluff here. These are all real trades.
Before I get into the actual trades, I want to show you the mentality of the how and why of the option credit spread and why it works so well. This one happens to be a daily chart of sugar futures from September 2005 to February 2006.
The top panel is the actual sugar chart with three different moving average lines and the lower panel is the RSI technical indicator that I use to help with my directional assessment.”
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