There are an index and a bunch of funds that do this already. They do better than the index when the market goes down, and miss some of the fun...
You're mostly wrong again. I have pretty good insight, so I've gotten a lot of learning from what I suspect is about an average level of...
Guess again.
What I was trying to explain to you, and what coach sort of hinted at in more words, is that "the stock doesn't expire" is meaningless when you...
Which of the two positions doesn't have an option that expires?
Not if the option can't be exercised to capture the intrinsic value.
Looks like you've got some problems there. Your points 1, 3 and 5 are the same thing. And they're still wrong. Put-call parity applies to...
There's no margin call because your shares are fully paid. You plunk down 90 bucks for the $100 share and get the balance from the $10 call. In...
Curse you. I was supposed to win this thread!
Trade XYZ March 50 puts, of course. :p
I'm developing something called a "wheel". Anyone have a formula for calculating the circumference?
Why not simply buy the 1385 call? That would make your "simple" strategy a little less obtuse. It will run you 10 points intrinsic, and won't...
This sounds like a short-term, market-timed position, which makes a spread a bad idea. Spreads make gamma your delta, giving you much less...
It's also worth what it's worth now. Forget your cost basis. You are holding some $70 shares. Do you think those shares are going to go up or...
Think of what happens at expiration. In either case, if the stock is above the strike price, you are left with nothing in your account but...
Well, gee. I don't know how I arrived at the conclusion that you were. Maybe you shouldn't use language like "I would highly recommend" when...
You're highly recommending that beginners start with a strategy that, for ten months out of the year, is "hell" for people who don't know how to...
It means what spin said.
You can explain it with deltas and gammas, but sometimes it's clearer to think about it qualitatively. If an option with two months to go is 10...
I think your question is why options are not exercised early if they go in the money. The answer is because you can make more money selling the...
Separate names with a comma.