I assume that you mean the 50 strike. What's your purpose for using calls? @62 compare the stock+ APR 50P to the APR 50C. Don't forget the div....
Um, CL is in contango. If you trade the ATMs you are trading the futures spread. You can lose on the spread, you can lose if CL drops, and you...
I don't feel bad, forex. But you are displaying your immaturity for the world to see.
Nah. Trying to deflect some heat? You really don't get spreads do you. At 109 the spread was nearly even. It cost a 1.35 debit - you know? I...
I also have no idea. I've never been able to fing an option.
Last attempt at a FB leg in. Finally. +3 Nov.13 106C@2.43 -2 Nov.6 104C@2.97 No real edge here. "Timing is everything" and a loss is very...
Sometimes, breakeven looks pretty good.
Agree. And it's right next to discard which I use frequently.
Yep, there was no trade posted = no trade. QQQ was the first choice so it's even ambiguous as to which UL would have been traded.
Well, it's either lottery tickets or there may be some kind of theory behind it. Many moons ago, I read McMillan On Options. In my edition, he...
Yeah, thanks for invite. I'll check it out.
Yeah, you sold the upside. You didn't lose anything. You sold it.
I don't know much about FX options, but I'd say that the multiplier should be 100,000. Those options may cost $2625 each. The 100 contract trade...
Yeah, I don't see where the P/L calcs come from. You're selling the Nov. guts strangle and buying the Dec. OTM strangle. You could get about a...
Yeah, you are comparing two different expiries. SPYOct30 vs. ESNov20. Hence, the lower cost and greater leverage of the SPY puts. Also, you are...
There's nothing wrong with coming up with theoretical notions. But you should translate whatever edge you perceive into dollars and cents. You...
Yes, from the call delta of 1, gamma will increase on the way down. This refers to changes in delta which will decrease at an accelerating rate...
The condor itself is the stop. A limited loss strat. Trade with an assumption that max loss is possible. Size and strike selection.
Hours? :) I spent years trying to decipher atticus' posts. When I understood his language, it was some of the best option and trading education...
Yeah something like that. It's a reverse diagonal so the P/L is somewhat straddle-like, though more limited in loss and gain. You'd want a...
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