I am happy to report that IB has made the decision to reimburse me for the loss I incurred due to the incorrect statement they published. This...
I was thinking along similar lines with barriers...
(opening the can of worms) Wasn't there a million post thread about whether equity markets were zero-sum?
I understand you are just trying to share information with others. I also understand that you believe synthetic calls are more profitable than...
You're still long stock + long otm put which is a synthetic call. You can keep your directional (or non-directional) strategy as is and...
It's still a synthetic call any way you look at it regardless of the deltas. You are doing call credit spreads and backspreads. Same risk and...
Gotcha, thanks.
Sorry Risk, I'm trying to follow along but I was confused by your risk-reward statement. How did this practitioner have a 1:1 risk-reward on a...
I'm glad to hear they did the right thing in your experience. I'm just surprised to hear that it took so long. I thought a 6 weeks was more than...
Just updating everyone to the status of this issue. I still have not received a response from IB for the original $6300 loss incurred due to...
Options contracts for the March Quarterly cycle (Mar, Jun, Sep, Dec) will be settled in cash. Serial options for other months are settled with...
I agree buy to OTM calls but why use back-month? Back-month has a flatter gamma curvature and will accumulate less deltas on those calls....
Sorry, misquoted the barrier. Around 350 - 400 for the no touch at the short strikes.
You have it right. I've been buying SPX strangles (25 pts OTM). My idea behind the no-touch was to partially offset any theta loss due to lack...
kny3 is correct. The more time there is the flatter the gamma curvature. If you're using verticals to strictly accumulate deltas I'd stick with...
ICs require an aggressive adjustment strategy. Be prepared to close or hedge the position quickly if the underlying or vols move. Expect around...
I see. A losing position in normal trending markets. Even so, I thought the characteristics of the position interesting without a significant...
Sorry, perhaps I misunderstood your previous post. I was referring to long backspreads (short ATM, long OTM 2x3) done for a credit.
Riskarb, I've been dabbling with the idea of using backspreads on both sides (wrangle?) with a week till expiration. I was thinking there...
I agree. Entering and managing trades without being aware of one's risks (greeks) seems a bit like gambling to me. I always lose money in Vegas....
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