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I may launch an April RTT next week. I talked with Amy yesterday and reviewed her Power Point. She will have a Round Table soon to discuss strategies and the potential launch of a Service. Stay tuned.

Hi Harry and others. I prefer not to entrench myself too deeply in this discussion for a variety of reasons. However, I would point out that the "experts" do contribute to the cost of operating Aeromir.com. A portion of our proceeds is deducted from our "gross" before we are paid

Hi Simon. I am very familiar with Power Options, having used it for about 10 years. I use it now for my wide PCS and collar trades. I think it is an excellent time-saving program. It also has a good Portfolio tool, a "Repair" tool, etc. Other strategies are available, but I am currently...

Agreed, Marc. I like your rigorous and elegant approach to this type of trade, particularly in the current environment which begs for low risk strategies.

Thanks, Marc. I think your rule-defined approach is robust and viable. That is essentially what I do (see above), although I tend to "slap on" the entire trade at the same sitting. Then, it either works (profit) or it doesn't (small loss). Your graduated approach is probably better.

Hi Bohdan. I am working with Amy on this Service to teach her my method. Basically, my strategy is an adaptation of Michael Shulman's method of selling naked puts. I trade options on carefully selected stocks (I use Power Options) with 4 to 7 DTE. I sell a very wide put or call credit...

Agreed. It's often easier simply to close this trade rather than try to beat it over the head. This strategy is Scott's bread and butter, so he is good at it. If you are looking for a simple but profitable trade, stay tuned for Amy's Weekly Wide Credit Spread Service which should premier...

I am not doing these on SPX. Here is a screenshot of my LOW position. I do these on selected stocks, using 1 or 2 lots. Low risk, and not intended to make big bucks. However, they have been netting 5% to 10% on a yield basis with only about 2 weeks of carry time.

For interested subscribers only: I use a modification of Scott's Risk Reversal with carefully selected stock in which I take a definite directional bias. I buy a DS (approximately 55 delta long strike) and sell a far OTM credit spread on the opposite side (short strike near the expected move...

Hi Robert. I will discuss your request with Tom.

Hi HaraldM. The cost of the call/put pair is a primary determinant of its qualification for consideration as well as the sort order. Gary is still tweaking the parameters.

They are on the website: Training > SPX RTT > list of Reports near the bottom of the page. Search for the RR Report for the cycle of interest.

Hi status1. I routinely use the approach you mentioned in your last paragraph above in my initial RTT launch setup. I only use hedging risk reversals when needed to "smooth" the overall position. The terminology is confusing but the concept is relatively simple.

Excellent trading and good results. Congrats.

Hi Jason. Yes, I think 20% is feasible, but will require a bit more trading (adding premium and hedging) as well as some changes to allocation of trade capital. As you know, part of the original RTT concept is the "time diversification" enabled by more frequent trade launches with smaller...

Hi Jason. Yes, it is certainly possible to achieve higher yields. I'm sure you understand that the "Class" positions are structured from an educational/didactic point of view. We are attempting to teach a methodology which will ensure, as much as possible, consistent returns over a long...

It is important to consider whether the purpose of a risk reversal setup is for hedging or profit generation. I frequently use small hedging RR "tweaks" which are established near break even cost to flatten deltas and smooth out the curves and other greeks. It is true that adding risk...

Hi Tim. The ebook I mentioned (Call Instead of Stock) and accompanying video can be purchased for $129 on his web site, Stratagemtrading.com. He uses a ratio spread as a hedge sometimes, but I don't know if he has a separate book.

Hi Sanjeev. First, the RTT seeks positive expectancy over time, not spectacular returns followed by deep draw downs. Average yields per cycle in most market environments range from about 2% to 6%, with occasional double digit returns when volatility is elevated and good premiums abound. In...

Hi Mark17. No, I continue to believe that the ORC is a useful tool, as long as the user understands its limitations. Its greatest value is its ability to compare similar trade setups with regard to probability parameters only. The G Tool automates the ORC for RTT setups.