Listen chief. It's obvious this board is full of beginners (I used Arnie as an extreme example) who are totally clueless and think they can get...
Not very nice. So you think my example is not a good one to illustrate the point of understanding greeks? Unfortunately now you come across as an...
Hey riskarb - chill. Post wasn't meant to get at you, just pointing out to other posters the idiocy of their statements and using your post as an...
I just thought of a better example. A trader (let's say his name is Arnie) goes long a sraight call. The underlying moves up and at same time iv...
Funny thread this one. Surely you people aren't suggesting trading without knowledge of the greeks. You may think you don't use greeks, but...
Sure it can be avoided. Simply get everyone to take off all their clothes, put on a hospital gown, board the plane and then handcuff them to the...
Get rich quick by trading options? You won't. But there's always the casino. daddy's boy
I think the definition of r/r (reward to risk) is as follows: max potential reward ($4500 per contract if stock goes to zero)divided by max risk...
Oops! :( Thanks mmts. daddy's boy
Thanks for explaining PPS. I just saw that it's also a stock symbol. Best daddy's boy
That was helpful! :mad: daddy's boy
I've been following this thread but have been too frightened to ask as it may sound a bit stupid, but what is "PPS" - as in "significant impact on...
I assume you want to play the bullish side, just as if you were long stock. In that case, and considering that you "rarely do options", the safest...
Nicely put. daddy's boy
Hi Just use a pricing model to see what move in the underlying is necessary to make the profit you want in the time frame you chose. Choosing a...
Never thought of these. Thanks mysticman, I'll check out the swb's. best daddy's boy
I'm a fairly simple sort of chap so I try and keep things plain. I see bwb's as low risk otm bets that need careful strike selection (the most...
Sorry eliot, can't comment on strangles/straddles - haven't done enough of them to really know what I'm doing, lol. I generally confine my...
I see - I didn't realise he'd sold his stock. Best daddy's boy
All I can say is massive negative gamma play and leave it at that. Daddy's boy
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