Tutorial SSH SC TELKOMSEL BIASA

Syarat dan Tools :
Syarat Pake kartu telkomsel selain as sakti dan loop.
Tools:
1. Tunnel Tsel Simple V3 , Download Disini
2. Inject Tsel Rifky MC v.103, Download Disini

Tutorial:
1. Modem jangan dulu konekan
2. Buka Inject Tsel Rifky MC v.103 lalu klik Start
3. Buka Tunnel Tsel Simple V3 lalu atur seperti gambar
a. Pada bagian tab inject samakan seperti gambar di bawah.


b. Pada bagian tab Tunnel Centang Use Tnl Lalu Isi Host, User dan Pass sesuai akun yang di beli (dimiliki) contohnya seperti gambar di bawah ini 


4. Setelah itu Start Tsel Simple V3 tetapi pastikan Inject Tsel Rifky MC v.103 telah di Start juga Kemudian Konekan modemnya, maka hasilnya akan seperti gambar walaupun 1 icon bitvisenya tidak putih tetapi yang dua icon bitvise lainnya putih maka akan tetap bisa browsing dan selamat berinternetan unlimited.


Keterangan: bila tidak konek maka anda harus menggunakan Mode kejut.
Mode kejut = Start Inject Tsel Rifky MC v.103 ---> Start Tsel Simple V3 --> tunggu satu menit lalu konekan modem.

Bagi yang belum punya akun saya menyediakan akun ssh & open vpn sg.gs dengan harga seperti di bawah.
Ready akun sg.gs :
  1. 1 akun 10 ribu via pulsa
  2. 1 akun 9 ribu via rek
  3. 6 akun 50 ribu via rek
  4. 10 akun 80 ribu via rek
Yang mau order silahkan inbox fb:
Jin Kazama : Disini
Grup SSH RESELLER : Disni




SPX Strangle - High Loss Threshold - 80 DTE

This post looks at selling one-lot options strangles on the S&P 500 Index (SPX), initiated at 80 days-to-expiration (DTE).  The results in this post were derived from more than 2300 individual trades entered by the backtester.  Other 80 DTE variations will be posted on my Twitter feed, @DTRTrading.

For background on the setup for the backtests, as well as the nomenclature used in the charts and tables below, please see the introductory article for this series: Option Strangle Series - Higher Loss Thresholds

In the trade metrics tables, I have highlighted some of the metrics rows to indicate values that are in the upper half of the readings.  One of the metrics to note is the average P&L per day in percentage terms (Trade Details (%) - Avg. P&L / Day).  This is a measure of the P&L per day normalized to the maximum initial portfolio margin (initial PM) required for that trade run...it tells us the effectiveness of theta with respect to our margin requirement.

Also note, that all of the blog posts for the SPX strangle series have equity curves with identical y-axis scales.

4 Delta Short Strikes
Short Options Strangle Equity Curves SPX 80 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 80 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
For the 80 DTE, 4 delta SPX short strangles, the top exit approaches indicated by the metrics were the: 200:75, 100:50, and 300:50 variations


6 Delta Short Strikes
Short Options Strangle Equity Curves SPX 80 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 80 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
For the 80 DTE, 6 delta SPX short strangles, the top exit approaches indicated by the metrics were the: 200:75, 300:50, and 100:50 variations.


8 Delta Short Strikes
Short Options Strangle Equity Curves SPX 80 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 80 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
For the 80 DTE, 8 delta SPX short strangles, the top exit approaches indicated by the metrics were the: 300:50, ExOut NA:50, and 200:75 variations.

With the 80 DTE tests, the highest average P&L per day reading occurred with the 8 delta short strike variation, with an average of 0.24% per day.  The highest overall P&L per day readings occurred with the 8 delta 300:50 variation, at 0.32% per day.

Below are three images of scatter plots for the 80 DTE 8 delta short strangles.  The first image contains one scatter plot per strategy and shows P&L in dollar terms versus days-in-trade (DIT).  There is one visible trend in this set of scatter plots: the largest losses tend to occur at lower DIT values for trades with a loss based exit.

Short Options Strangle DIT versus P&L for SPX 80 DTE 8 Delta Risk:Reward Exits
(click to enlarge)

The second image shows P&L in terms of the initial at-the-money (ATM) implied volatility (IV) of the SPX.  This ATM IV was captured on the day each trade was initiated.  In general, there is a trend that higher P&L numbers are associated with higher ATM IV numbers...similar to the 45 DTE scatter plots.

Short Options Strangle IV versus P&L for SPX 80 DTE 8 Delta Risk:Reward Exits
(click to enlarge)

The last images shows P&L in terms of the initial IV Rank for the SPX.  The IV Rank was captured on the day each trade was initiated.  In general, there is a trend that higher IV rank is associated with higher P&L.  Also, if you trade only when IV rank is higher, you can eliminate many losing trades.  Both of these trends were visible in the 45 DTE scatter plots as well.

Short Options Strangle IV Rank versus P&L for SPX 80 DTE 8 Delta Risk:Reward Exits
(click to enlarge)

In the next post I will summarize the results for the SPX short strangle strategy.

FYI, I am showing the results for higher delta strangles (at the same DTEs), as well as 8 additional exits on my Twitter feed...I won't be posting these additional results to the blog.

You can follow my blog by email, RSS feed or Twitter.  All options are free, and are available on the top of the right hand navigation column under the headings "Subscribe To RSS Feed", "Follow By Email", and "Twitter".  I follow blogs by RSS using Feedly, but any RSS reader will work.

Tutorial SSH SC AS SAKTI

SC AS SAKTI adalah kartu telkomsel yang ipnya berkisar di 10.170.xxx.xxx, 10.171.xxx.xxx, 10.172.xxx.xxx, 10.173.xxx.xxx,.10.190.xxx.xxx, 10.191.xxx.xxx, 10.192.xxx.xxx, 10.193.xxx.xxx .
Biasanya kartu yang dapat ip itu kartu as madura, as lombok/bali nusra, as jatim yang nomor awalannya 0852 atau 0853.

Langsung ke tutorial:

1. Konekan Modem dan kartu sc as saktinya harus sudah terdaftar paket chatting + data on 1000, lebih lengkapnya Download Disini

2. Buka inject T-FNS MINI X5.1(Inject sc sakti) , Download Disini .
Lalu Atur Seperti Gambar di bawah lalu  --> Klik START --> Allow Access.

Keterangan: Port Inject 8758

3. Buka Tunnel Tsel Simple V3, Download Disini .
a. Pada bagian tab inject samakan seperti gambar di bawah.


b. Pada bagian tab Tunnel Centang Use Tnl Lalu Isi Host, User dan Pass sesuai akun yang di beli (dimiliki) contohnya seperti gambar di bawah ini lalu Start


4. Maka hasilnya akan seperti gambar di bawah

                               

Keterangan: Bila icon bitvise berwarna putih artinya sudah konek dan bisa browsing sepuasnya

Bagi yang belum punya akun saya menyediakan akun ssh & open vpn sg.gs dengan harga seperti di bawah.
Ready akun sg.gs :
  1. 1 akun 10 ribu via pulsa
  2. 1 akun 9 ribu via rek
  3. 6 akun 50 ribu via rek
  4. 10 akun 80 ribu via rek
Yang mau order silahkan inbox fb:
Jin Kazama : Disini
Grup SSH RESELLER : Disni

SPX Strangle - High Loss Threshold - 73 DTE

This post looks at selling one-lot options strangles on the S&P 500 Index (SPX), initiated at 73 days-to-expiration (DTE).  The results in this post were derived from more than 2300 individual trades entered by the backtester.  Other 73 DTE variations will be posted on my Twitter feed, @DTRTrading.

For background on the setup for the backtests, as well as the nomenclature used in the charts and tables below, please see the introductory article for this series: Option Strangle Series - Higher Loss Thresholds

In the trade metrics tables, I have highlighted some of the metrics rows to indicate values that are in the upper half of the readings.  One of the metrics to note is the average P&L per day in percentage terms (Trade Details (%) - Avg. P&L / Day).  This is a measure of the P&L per day normalized to the maximum initial portfolio margin (initial PM) required for that trade run...it tells us the effectiveness of theta with respect to our margin requirement.

Also note, that all of the blog posts for the SPX strangle series have equity curves with identical y-axis scales.

4 Delta Short Strikes
Short Options Strangle Equity Curves SPX 73 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 73 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
For the 73 DTE, 4 delta SPX short strangles, the top exit approaches indicated by the metrics were: 300:50, 200:75, and ExOut NA:50


6 Delta Short Strikes
Short Options Strangle Equity Curves SPX 73 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 73 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
For the 73 DTE, 6 delta SPX short strangles, the top exit approaches indicated by the metrics were: 200:75, 300:50 and, ExOut NA:50.


8 Delta Short Strikes
Short Options Strangle Equity Curves SPX 73 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 73 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
For the 73 DTE, 8 delta SPX short strangles, the top exit approaches indicated by the metrics were: 200:75, 300:50, and, ExOut 200:50.

With the 73 DTE tests, the highest average P&L per day readings occurred with the 8 delta short strike variations, with an average of 0.22% per day.  The highest overall P&L per day reading occurred with the 8 delta 200:25 variation at 0.29% per day.  In the next post we will look at these same deltas and exits, but on the SPX 80 DTE short strangle.

FYI, I am showing the results for higher delta strangles (at the same DTEs), as well as 8 additional exits on my Twitter feed...I won't be posting these additional results to the blog.

You can follow my blog by email, RSS feed or Twitter.  All options are free, and are available on the top of the right hand navigation column under the headings "Subscribe To RSS Feed", "Follow By Email", and "Twitter".  I follow blogs by RSS using Feedly, but any RSS reader will work.

SPX Strangle - High Loss Threshold - 66 DTE

This post looks at selling one-lot options strangles on the S&P 500 Index (SPX), initiated at 66 days-to-expiration (DTE).  The results in this post were derived from more than 2300 individual trades entered by the backtester.  Other 66 DTE variations will be posted on my Twitter feed, @DTRTrading.

For background on the setup for the backtests, as well as the nomenclature used in the charts and tables below, please see the introductory article for this series: Option Strangle Series - Higher Loss Thresholds

In the trade metrics tables, I have highlighted some of the metrics rows to indicate values that are in the upper half of the readings.  One of the metrics to note is the average P&L per day in percentage terms (Trade Details (%) - Avg. P&L / Day).  This is a measure of the P&L per day normalized to the maximum initial portfolio margin (initial PM) required for that trade run...it tells us the effectiveness of theta with respect to our margin requirement.

Also note, that all of the blog posts for the SPX strangle series have equity curves with identical y-axis scales.

4 Delta Short Strikes
Short Options Strangle Equity Curves SPX 66 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 66 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
For the 66 DTE, 4 delta SPX short strangles, the top exit approaches indicated by the metrics were: 200:75, NA:50, and ExOut NA:50


6 Delta Short Strikes
Short Options Strangle Equity Curves SPX 66 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 66 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
For the 66 DTE, 6 delta SPX short strangles, the top exit approaches indicated by the metrics were: 100:50, ExOut NA:50, and 200:75.


8 Delta Short Strikes
Short Options Strangle Equity Curves SPX 66 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 66 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
For the 66 DTE, 8 delta SPX short strangles, the top exit approaches indicated by the metrics were: 100:50, ExOut NA:50, and 200:75.

With the 66 DTE tests, the highest average P&L per day readings occurred with the 8 delta short strike variations.  The highest overall P&L per day readings occurred with the 8 delta NA:50 and 100:50 variations.  In the next post we will look at these same deltas and exits, but on the SPX 73 DTE short strangle.

FYI, I am showing the results for higher delta strangles (at the same DTEs), as well as 8 additional exits on my Twitter feed...I won't be posting these additional results to the blog.

You can follow my blog by email, RSS feed or Twitter.  All options are free, and are available on the top of the right hand navigation column under the headings "Subscribe To RSS Feed", "Follow By Email", and "Twitter".  I follow blogs by RSS using Feedly, but any RSS reader will work.

SPX Strangle - High Loss Threshold - 59 DTE

This post looks at selling one-lot options strangles on the S&P 500 Index (SPX), initiated at 59 days-to-expiration (DTE).  The results in this post were derived from more than 2300 individual trades entered by the backtester.

For background on the setup for the backtests, as well as the nomenclature used in the charts and tables below, please see the introductory article for this series: Option Strangle Series - Higher Loss Thresholds

In the trade metrics tables, I have highlighted some of the metrics rows to indicate values that are in the upper half of the readings.  One of the metrics to note is the average P&L per day in percentage terms (Trade Details (%) - Avg. P&L / Day).  This is a measure of the P&L per day normalized to the maximum initial portfolio margin (initial PM) required for that trade run...it tells us the effectiveness of theta with respect to our margin requirement.

Also note, that all of the blog posts for the SPX strangle series have equity curves with identical y-axis scales.

4 Delta Short Strikes
Short Options Strangle Equity Curves SPX 59 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 59 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
For the 59 DTE, 4 delta SPX short strangles, the top exit approaches indicated by the metrics were: 200:75, ExOut NA:50, 200:50, and ExOut 200:50


6 Delta Short Strikes
Short Options Strangle Equity Curves SPX 59 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 59 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
For the 59 DTE, 6 delta SPX short strangles, the top exit approaches indicated by the metrics were: 200:75, 300: 50 and 200:50.


8 Delta Short Strikes
Short Options Strangle Equity Curves SPX 59 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 59 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
For the 59 DTE, 8 delta SPX short strangles, the top exit approaches indicated by the metrics were: 200:75, 200:50, and 100:50

With the 59 DTE tests, the highest average P&L per day readings occurred with the 8 delta short strike variations.  The 200:75 and 200:50 variations at 8 delta looked particularly good.  In the next post we will look at these same deltas and exits, but on the SPX 66 DTE short strangle.


You can follow my blog by email, RSS feed or Twitter.  All options are free, and are available on the top of the right hand navigation column under the headings "Subscribe To RSS Feed", "Follow By Email", and "Twitter".  I follow blogs by RSS using Feedly, but any RSS reader will work.

SPX Strangle - High Loss Threshold - 52 DTE

This post looks at selling one-lot options strangles on the S&P 500 Index (SPX), initiated at 52 days-to-expiration (DTE).  The results in this post were derived from more than 2300 individual trades entered by the backtester.

For background on the setup for the backtests, as well as the nomenclature used in the charts and tables below, please see the introductory article for this series: Option Strangle Series - Higher Loss Thresholds

In the trade metrics tables, I have highlighted some of the metrics rows to indicate values that are in the upper half of the readings.  One of the metrics to note is the average P&L per day in percentage terms (Trade Details (%) - Avg. P&L / Day).  This is a measure of the P&L per day normalized to the maximum initial portfolio margin (initial PM) required for that trade run...it tells us the effectiveness of theta with respect to our margin requirement.

Also note, that all of the blog posts for the SPX strangle series have equity curves with identical y-axis scales.

4 Delta Short Strikes
Short Options Strangle Equity Curves SPX 52 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 52 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
For the 52 DTE, 4 delta SPX short strangles, the top exit approaches indicated by the metrics were: 100:50, 200:50, and ExOut 200:50


6 Delta Short Strikes
Short Options Strangle Equity Curves SPX 52 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 52 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
For the 52 DTE, 6 delta SPX short strangles, the top exit approaches indicated by the metrics were: 100:50, 200:75, and ExOut NA:50.


8 Delta Short Strikes
Short Options Strangle Equity Curves SPX 52 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 52 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
For the 52 DTE, 8 delta SPX short strangles, the top exit approaches indicated by the metrics were: 100:50, 200:75, and 300:50.

With the 52 DTE tests, the highest average P&L per day readings occurred with the 4 delta short strike variations.  In the next post we will look at these same deltas and exits, but on the SPX 59 DTE short strangle.


You can follow my blog by email, RSS feed or Twitter.  All options are free, and are available on the top of the right hand navigation column under the headings "Subscribe To RSS Feed", "Follow By Email", and "Twitter".  I follow blogs by RSS using Feedly, but any RSS reader will work.

SPX Strangle - High Loss Threshold - 45 DTE

This is the first article in a series where we will look at the performance of selling options strangles. For background on the setup for the backtests, as well as the nomenclature used in the charts and tables below, please see the introductory article for this series: Option Strangle Series - Higher Loss Thresholds

This post looks at a one-lot strangle on the S&P 500 Index (SPX), initiated at 45 days-to-expiration (DTE).  The results displayed below represent data from 2300 individual trades entered by the backtester.  The results are separated by the delta of the short strikes.

In the trade metrics tables, I have highlighted some of the metrics rows to indicate values that are in the upper half of the readings.  One of the metrics to note is the average P&L per day in percentage terms (Trade Details (%) - Avg. P&L / Day).  This is a measure of the P&L per day normalized to the maximum initial portfolio margin (initial PM) required for that trade run...it tells us the effectiveness of theta with respect to our margin requirement.

4 Delta Short Strikes
Short Options Strangle Equity Curves SPX 45 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 45 DTE 4 Delta Risk:Reward Exits
(click to enlarge)
For the 45 DTE, 4 delta SPX short strangles, the top exit approaches indicated by the metrics were: 300:50, and 200:75.


6 Delta Short Strikes
Short Options Strangle Equity Curves SPX 45 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 45 DTE 6 Delta Risk:Reward Exits
(click to enlarge)
For the 45 DTE, 6 delta SPX short strangles, the top exit approaches indicated by the metrics were again the 300:50 and 200:75.


8 Delta Short Strikes
Short Options Strangle Equity Curves SPX 45 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
Short Options Strangle Trade Metrics SPX 45 DTE 8 Delta Risk:Reward Exits
(click to enlarge)
For the 45 DTE, 8 delta SPX short strangles, the top exit approaches indicated by the metrics were: ExOut NA:50 and 300:50.  Recall that the ExOut variations will exit: 1) if the market moves below the short put, or 2) if the market moves above the short call, or 3) if the profit is 50% of the credit received, or 4) at expiration...which ever comes first.

Below are three images of scatter plots for the 45 DTE 8 delta short strangles.  The first image contains one scatter plot per strategy and shows P&L in dollar terms versus days-in-trade (DIT).  There are a couple of visible trends in this set of scatter plots: 1) in general, the longer a trade is held, the higher the profit, and 2) the largest losses tend to occur at lower DIT values for trades with a loss based exit.

Short Options Strangle DIT versus P&L for SPX 45 DTE 8 Delta Risk:Reward Exits
(click to enlarge)

The second image shows P&L in terms of the initial at-the-money (ATM) implied volatility (IV) of the SPX.  This ATM IV was captured on the day each trade was initiated.  In general, there is a trend that higher P&L numbers are associated with higher ATM IV numbers.

Short Options Strangle IV versus P&L for SPX 45 DTE 8 Delta Risk:Reward Exits
(click to enlarge)

The last images shows P&L in terms of the initial IV Rank for the SPX.  The IV Rank was captured on the day each trade was initiated.  In general, there is a trend that higher IV rank is associated with higher P&L.  Also, if you trade only when IV rank is higher, you can eliminate many losing trades.

Short Options Strangle IV Rank versus P&L for SPX 45 DTE 8 Delta Risk:Reward Exits
(click to enlarge)

In the next post we will look at these same deltas and exits, but on the SPX 52 DTE short strangle.


You can follow my blog by email, RSS or Twitter.  All options are free, and are available on the top of the right hand navigation column under the headings "Subscribe To RSS Feed", "Follow By Email", and "Twitter".  I follow blogs by RSS using Feedly, but any RSS reader will work.

Option Strangle Series - Higher Loss Thresholds

During the next several weeks, I will show the backtest results for selling Strangles on the Russell 2000 Index (RUT) and S&P 500 Index (SPX).  The prior post, Introduction To Options Strangles, introduced Strangles and compared them with Iron Condors.  For this new series, we will look the following setup:

RUT and SPX short strangle backtest setup
(click to enlarge)

These short Strangles will be entered at six different days-to-expiration (DTE): 45, 52, 59, 66, 73, and 80.  For each of these DTE, we will test selling Strangles with short strikes at three different delta: 4, 6, and 8.

The core of this series is related to the exits.  The following 8 exits will be tested:
  1. Strangle (100:50) - exit if the trade has a loss of 100% of its initial credit OR if the trade has a profit of 50% of its initial credit OR at Expiration.
  2. Strangle (200:50) - exit if the trade has a loss of 200% of its initial credit OR if the trade has a profit of 50% of its initial credit OR at Expiration.
  3. Strangle (300:50) - exit if the trade has a loss of 300% of its initial credit OR if the trade has a profit of 50% of its initial credit OR at Expiration.
  4. Strangle (NA:50) - exit if the trade has a profit of 50% of its initial credit OR at Expiration.
  5. Strangle-ExOut (NA:50) - exit if the moves beyond either short strike OR if the trade has a profit of 50% of its initial credit OR at Expiration.
  6. Strangle-ExOut (200:50) - exit if the moves beyond either short strike OR if the trade has a loss of 200% of its initial credit OR if the trade has a profit of 50% of its initial credit OR at Expiration.
  7. Strangle (200:25) - exit if the trade has a loss of 200% of its initial credit OR if the trade has a profit of 25% of its initial credit OR at Expiration.
  8. Strangle (200:75) - exit if the trade has a loss of 200% of its initial credit OR if the trade has a profit of 75% of its initial credit OR at Expiration.
To clarify how these exits function, let's look at an example of the Strangle-ExOut (200:50) variation.  In this example, lets assume the RUT is at 1200, and our strangle short strikes are 1100 for the puts, and 1300 for the calls.  If we sell a 1-lot Strangle for $200, we would take our loss when the Strangle had to be bought back at $600.  $600 - $200 = $400, or a loss of 200% or our initial credit.  For this example, our profit taking would occur when we could buy back the Strangle for $100.  $200 - $100 = $100, or 50% or our initial credit.  Our other loss exit would occur if the RUT dropped below 1100, or went above 1300.  This price movement exit would only trigger if the prior loss related exit had not yet triggered.

These exits can also be thought of as risk:reward exits.  Using the prior example of the Strangle-ExOut (200:50), we are risking 200% to make 50%.  These odds don't sound great from a classical stock strategy approach, but the win rate and probabilities of exit are key components of the Strangle strategy's profitability.


If you don't want to miss my new blog posts, follow my blog either by email, RSS feed or by Twitter.  All options are free, and are available on the top of the right hand navigation column under the headings "Subscribe To RSS Feed", "Follow By Email", and "Twitter".  I follow blogs by RSS using Feedly, but any RSS reader will work.