True, the terms of the contract are the key. It's all about the probability of early assignment. If the option can be sold for more than parity,...
Good post, but disagree on a few points. Yeah, generally, early assignment is great, assuming that the assignee has the capital to cover the UL....
The calls were ITM.
Aug. 30th was the last trading day.
The bottom line here is that these guys are pros and get paid big bucks for investing OPM. They really should know what they're doing, but I...
I sure liked tennis before I blew out my knee. Lots of great strategy and skill to the game; as well as physical ability. Someone asking how to...
"the market can remain irrational a lot longer than you can stay solvent." The Donnap Corollary to this saying is that "the market can remain...
The div. is priced in at the approx. delta if there were no div (just before ex-div). Delta is changed by the div factor. Theoretically, the UL...
Nice trade, nice close! I wouldn't have taken that trade, but good job.
Sure and I didn't mean to sound abrupt - just busy. Scroll down the page and it shows additional fees. You can hit the BATS or PSE to see their...
I am defending them. Nowhere on the equity option comm. page does it mention a fixed rate. The .70 is a base price. On the comm. page it clearly...
Pretty much says it all.
[MEDIA]
It's not a matter of what's fair. The margin for selling options is arbitrary. What would be fair is if the margin was only the market price of...
It just means a $250 minimum margin, if that amount is greater than the margin calc.
Totally, man. And you never stop learning. We used to have a joke on the old yahoo option boards that went something like, "I hope I don't learn...
Generally, the synthetic ATM straddle will be 1/2 size of a straddle using two .5 delta options instead of the UL. Long 200s, long four .5 delta...
Yeah, even with a desktop, the P/L is often messed up. Account balance during RTH is often a good indicator of P/L, but with recent wider...
That is the key as to why it's not a good idea. To trade DITM intraday or overnight is inviting too much slippage. That's the reality of the...
About fiddy cents.
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