What strikes and what was yhoo trading at when you purchased your aug and oct calls? What was iv at time of purchase? Why did you choose straight...
The call is not naked - it's covered by the stock, hence it's called a "covered call" (aka synthetic short/naked put). Iow, the covered call...
Hi Eliot I think you've got things a little mixed up. A long call, whether synthetic or not, has limited risk. If you then sell a call against it...
momoney wrote: "This long CALL at 72.5 being further in the money (larger deltas) than your short CALL at 75 will lose more when the stock goes...
useful formula: collar trade risk=stock price-put strike+net premium paid "Look at the long stock + long put by themselves: WLP @$77.44...
Not as steep as trading without knowledge :) daddy's boy
Ok, I've had a look at it. The above trade has a guaranteed profit of $6 for each collar, provided it is held til jan 07. Unfortunately the cost...
There are many ways to trade appreciating collars (I'll forget about protective collars for the time). Some observations on the appreciating...
Simple. Just btc the july 50 and stc the aug 45 :) and then look for a new trade. You may actually have a profit, depending on your entry debit....
Hi Steve Sorry, I obviously misunderstood your original post. I thought you were debunking all t.a. not just EW. Btw, I'm not looking for help...
Hi Steve Funny to see you debunking the t.a. crowd. Maybe you can enlighten us here on what you use to enter your option trades - coin toss?...
Try optiongear.com.au - but it costs. You could also sign up with optionsxpress.com and open an account (no funds required) for free and use...
I don't buy straight long options with less than 60 days to expiry. I exit my straight long option 30 days prior to expiry because of the negative...
To youngtradersla: Hey chief I think you should really read the posts more carefully. Steve is the one who said EW is crap. I said the opposite....
Well, I'm not the one making the trade so I can only guess at how others arrive at their time frame. The original poster wants to place an option...
Steve46 writes: "alright then, first lose the Elliot Wave crap. That stuff is a net loser. Do not trade using Elliot Wave." Sorry to differ on...
I'm sorry, but I can't follow your trade - there are too many contradictions. "I sold 50 July 45 calls and 50 July 35 puts and bought 50 July 60...
Here is the vanilla version answer: Use a pricing model to find the bull call spread (rather than a straight call, to avoid volatility issues)....
"And if you took it as an insult, my apologies, such was not the intention, just trying some light hearted humor" Yep, I'm still rolling in the...
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