High Delta Long Puts and Calls
Trading Strategies that give Wall Street a headache and our clients a big smile
Contrary Thinker’s channel is accessible on the smartphone app “Trade Exchange” plus access to a members-only group for market background
Contrary Thinker’s High Delta Long Puts and Calls Product
You do not hear this hard and fast rule promoted by the industry, but it is the grounding principle for successful trading, “The way to build superior long-term returns is through preservations of capital and home runs…When you have tremendous conviction on a trade, you have to go for the jugular. It takes courage to be a pig.” Stanley Druckenmiller. It is not only Stanley but the best from P.T. Jones to Richard Dennis. Do not take suboptimal trades.
In the mid-’80s I was mentored by Bob Prechter at EWI and his mentor Dick Dimond. Dick teaches time of day execution and I learned to use EWT and time of day timing to make a small fortune trading high delta OEX 100 puts and calls.
Don’t chase the equity curve, and don’t try to handicap the stats, the time is NOW, just do it.
Great, and Many Thanks in Advance
Jack F. Cahn, CMT
Contrary Thinker since 1989,
1775 E Palm Canyon Drive, Suite 110- box 176 Palm Springs, CA
92264 USA. 760-459-4681 OR
25/1 Poinsettia Court Mooloolaba, QLD Australia 4557 614-2811-9889
— Contrary Thinker does not assume the risk of its client’s trading futures and offers no warranties expressed or implied. The opinions expressed here are my own and grounded in sources I believe to be reliable but not guaranteed.
— Pricing is subject to change without notice. My indicators and strategies can be withdrawn for private use without notice at any time.
–Trading futures and options involve the risk of loss. Please consider carefully whether futures or options are appropriate for your financial situation. Use only risk capital when trading futures or options.