Some additional thoughts from someone new to options: The option business is much more complex than I ever imagined. In long or short the...
I don't think too many folks appreciate your comments on this. I agree with you wholeheartedly. Regards, ironchef
I am a dinosaur. The only higher order coding language (as opposed to machine language) I know is FORTRAN and I don't even know if it still exist....
Thanks for the coaching IAS_LLC. I have a question for you: I can calculate Black-Scholes and often time use it to compare with market option...
Try roll it out. If the IV is high enough, you maybe able to roll out to a higher strike price and at the same time receive additional premium. I...
Thank you for your responds. Indeed I found concentrate on a limit number of stocks was better than casting a wide net. 3 yrs ago, I also started...
hajimow, Not trying to give you a hard time but seems like you have been very negative on MCD since Dec. 2012 when MCD was at about $90. Since...
Hats off to you Chris Mac, you called this one correctly. I did not average down but now at $68 and change, it looks awfully tempting?
Can you kindly explain this.
May I ask what is "crossed" transactions?
When you trade DITM options, especially those that are thinly traded, your counter party almost always are the market makers and not other traders...
Selling OTM call is actually very risky, just look at GOOGL this month and KRFT in March. I lost a bunch short OTM GOOGL and KRFT. And you are...
A partial hedge: Bought a long GOOGL ATM Call prior to earning, sold an ATM Call when GOOGL went up $100 on 7-17 to lock in some profit. Bought...
MCD up this morning after earning? Maybe they turned the corner?
Usually when the underlying goes down IV goes up. When I went long on calls, IV was usually quite high compare to normal. I don't know maybe I am...
Agree. My favorite is In-N-Out, they keep things simple and fresh. Always wonder why don't MCD simplify their operations? Every time I looked at...
Well, this morning GOOGL was at $690, selling $600 naked put could only nets me $0.85 so it won't do much ($600 call was $90). For us new to the...
Thanks let me take a look at selling $600 Aug put.
Thanks for your advice. You are correct, earning announcement today. I should have known as the stock had tremendous momentum the last few days...
Selling cash secured puts to buy the underlying stocks never quite worked for me. In most of the cases, looking back I would be better off buying...
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