Looks great compared to TWS strategy builder. Is the data live? Also which symbol are you using for the spx index?
https://optioncreator.com/
Nice trade Adam! Did you mostly gain on the IV drop and +ve delta, and lose a little on skew as you were trading trading long using a call iron fly?
Read a basic options book before you try anything. Then try option butterflys which cap the risk, instead of risky straddles which aren't for...
Thanks! Yes I was looking for clarification :)
Thanks. Ok a little more risk than reward, but at least the skewed straddle gets some wings
Except for the recent flys, are they generally 1:1 risk reward?
IV30 is about to cross HV. Does this mean you stop your flies for a while?
Quickstrike does look very nice
Here's the numbers: https://www.worldometers.info/coronavirus/
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Thanks. Reading now
Hey Trade Theory, how are you determining the previous weeks trend? I guess this can be very subjective, thats why I ask
Found your post. Is there any time gap between the 3pm spx weekly option close and expiration? ... or is this only for equity options?
I was more looking at if there is an opportunity of buying cheap otm options at the option close, then rely on the underlying to push them into...
Hi @FSU. Are opportunities identical for expiring index options? Cash settlement looks like a big plus
Hi JimBur You mentioned your broker allows you to exercise expired options until 5:15pm. Which broker allows this?
Nice directional flies. Are you always hedging with ES at the start of each trade?
Hi @FSU. Just clarifying ... Once the underlying price moves in your favour, are you exercising the call option and shorting the stock at the same...
Condolences for your loss Adam
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