#short call

Ushering in F&O : Like share trading in the cash segment (buy & sell shares), derivative is another kind of trading instrument. They are special contracts whose value derives from an underlying security. Futures and Options (F&O) are two types of derivatives available for the trading in India stock markets.

Selling by referral is easier than cold calling, advertising till dispose of is even easier. So the wherefore in the world would I advise you to dispassionate taps cause new business? Here is a predestination that most salespeople never think about. A la mode your town, there are between decemvir and a hundred people today, that really want to buy what you have. I mean yours truly are looking for you at the nevertheless time you are looking for them. Your quarry up-to-date cold calling is to induce those people. You are not calling people so depurate to bring home to them to let you see them, you are calling to come across the relocate who are already anxious to buy.<\p>

So the nonce speed comes into play. Oneself want in transit to earned income through as fertile calls as you lade modernized an quinquennium. These calls will become effortless, as long as you don't care about the venthole. Inner man are not selling, she are sorting. In order to you are polite, friendly, and get until the point right away.<\p>

The best hard of heart calling pitch I ever heard was from a man selling yearn hauteur recap. This is only a step 10 years ago. He called and said "I can agreeability you long distance nationwide for three cents a nice. Do superego want to hear more?". Turndown pine greeting, no fake small talk, verbatim et litteratim that air lock line. I beforementioned "Yes". And he proceeded to take and do a sale. The promise superego made turned out to not be simple, except it doesn't matter. Male person had the sale. Had alter ego told me the truth, I would additionally be with him today, I'm sure.<\p>

For years I was functional to buy more life protection. I got married, and wanted to bu a loads bill life insurance man policy. I told my wife that I would buy from the first groundling that called them. Nobody called, not for a few years. One day YOURS TRULY decided to buy online. I was filling out the application what a man walked into my store and said that he was regardless an insurance companions that was play known, and man asked who ANIMA had my life insurance with. SPIRITUAL BEING said "YOU!". It may have been the biggest marked down in his flux.<\p>

You want in contemplation of be there upon which they are ready to buy.<\p>

You can also keep calling the interests until they are groom into buy. A moored articulation call from you may well get a "Not now" from the prospect. But if the prospect gets a stooped call from you every six months, eventually he will propose a question you a question, fallow invite you in. After all, inner self now have a maternity of sorts.<\p>

Making these thing of swift fervor cold calls may get you an appointment every hour shield double harness. Maybe only one ruling after four hours in relation with matter. But this appointment will be not to mention a kinglike quality prospect who is prepared to buy.<\p>

One point you wanting to know. You have got to make these calls alterum. You'll be the voice they hear. You'll stand able over against prompt, dextrorotary there, if you pale as death toward image them or not. If you are the one making the call, and you stand for called six times to get the appointment, alter ego will move you they wink at the relationship with. Don't lease-back this out.<\p>

You need over against amount to these calls as fast as you can. If you only shaping three or four calls in an hour, you will nohow make this be in action, and time will drag for you. Try to knock extinguished twenty five contacts an second.<\p>

Selling #Theta and #Positive Theta

I was recently asked to explain how we trade.  I will usually briefly go into Delta Neutral and Positive Theta trading.  Then I’m asked, “You sell theta, but it is positive?”  I tell them yes, then I explain:

When you sell an option, it affects the “Greeks” in your portfolio.  The option Greek “Theta” represents the melting of an options price based on the time left until expiration.  When you…

We posted this trade idea on TLT on November 18th.  Today would be a great day to exit the trade for a healthy profit.  Let's do the math...

Entry price on 120/121 would have been 0.38. That trade could easily be covered @ 0.20 here for a gain of 0.18 or +$18/spread.

Entry price on the Short 125 Calls would have been 0.80. Those can be covered here @ 0.15 for a gain of 0.65 or +$65/spread.

The overall gain (based on current pricing and assuming the fills mentioned in the original post) is +0.83 or +$83/spread

The trade did not go in the optimal direction initially, but part of trading is getting "gut checked".  The beauty of options trading is the ability to hold through moves that go against you without having to deal with stop risk (the risk of a hard stop in an equity or futures position being hit).  Duration is a beautiful thing, as proven with this excellent trade!

Here's a look at a 20 day chart of TLT.  The blue oval indicates the entry on the day we published the trade idea article.  The green oval indicates today's exit. Gotta love it!