Yesterday, I opened up an iron butterfly (B 630P S640P S640C B650C) for close to 9, thinking that GOOG would not move too much, or if it did, it...
I was curious, and looked at the commission schedule: Canadian and American Exchanges Option Price Commission / Contract $0 - $1 $35 +...
If you are very risk averse, fooling around with vega on something like LDK might not be the best thing. The IV is high for a reason. But, with...
I would be very careful with LDK. Very careful. Just when you think 100%+ implied volatility is high, it can easily zoom higher. ALso, the...
Funny you should mention HAR. Less than 1 hour before the close, with the stock trading over 88, the Sep 85 puts still had around .25 - .40...
Not entirely true. Although the OP bears responsibility for the consequences, it seems that the broker was not keeping its clients up to date...
Last Friday, with the VIX at nearly a 52 week high, I decided to take a chance on a ratio spread. I bought the Aug 25 Calls and sold the Aug 30...
Spin is correct. It's really tough to call these biotech events. Over a year ago, I put on a Pozen play, shorting the stock and overselling OTM...
Folks, SPX quarterly options are fairly new and seem to have low volume. As such, it has been nearly impossible to split the wide bid/ask...
Mark, Good to see you are still around. Thanks for your detailed answer. This type of diag has never been my thing, although the SPX has...
Yes, I am talking diagonals. For example, buy to open August 1350 puts, sell to open July 1400 puts. AZD
Correction, I wrote "(i.e. Long Aug, short June distance of 1 month or long Dec, short Sept distance of 3 months.)" I meant to say Long Jul,...
And just when all of you thought this dead horse was beaten . . . LOL Somewhere in these 2,000+ pages this topic might have been discussed, but...
Opt789, Thanks for taking the time to post your detailed answer. I will have to do some additional research on PM. I have done a bunch of...
So with portfolio margin, will a reverse calendar be treated the same as a regular calendar? This would mean unlimited $$$ credit on RCs if true....
Oh, and a quick question for anyone: Has anyone ever (or are they able to) negotiate with their broker to do a reverse calendar and NOT have...
Oh the good ol' days. I have not visited the Yahoo boards in a while. I learned quite a bit from a few posters . . . AZD
Au contraire mon ami. At THIS time I see a bid of .60, no wait, a bid of .55 and ask of .65. With thousands of contracts trading today, your...
F-F, I noticed that your SBUX June 30s are now around the .60 area. Care to take a $1000 profit off the table? :D AZD
Thanks Longhorns. I'm tempted to pick up some pocket change on the OTM contracts but I'll wait for some "stability" LOL in the underlying. AZD
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