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diaoptions

Registered: Aug 2011
Posts: 392

08-30-12 04:58 AM

What is PDT? Is that Pacific Daylight Time?

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cdcaveman

Registered: Aug 2011
Posts: 3514

08-30-12 05:03 AM

The put fly is slightly priced different then the call fly because of the borrowing costs related to short stock? Is that the rate differential your talking about

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cdcaveman

Registered: Aug 2011
Posts: 3514

08-30-12 05:07 AM

Quote from diaoptions:

What is PDT? Is that Pacific Daylight Time?

pattern day trade restriciton

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diaoptions

Registered: Aug 2011
Posts: 392

08-30-12 05:31 AM

Quote from cdcaveman:

pattern day trade restriciton

Oh I see .... I had to Google it. And the reason I never heard of it is because it only affects accounts with a balance of less than $25,000. I didn't realize that some ET members had such low account balances.

Do you have support services in your area to help you out? Such as food banks, night shelters, places for some warm soup? I hope your OK.

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cdcaveman

Registered: Aug 2011
Posts: 3514

08-30-12 06:13 AM

Quote from atticus:

Well they're rates arbs at that point so there is no need to offset. Just choose wider/narrower flies if you continue to trade the same ticker. It may get a little hairy to keep track of many embedded flies.

. What's the point of nesting flys inside flys.. I'll have to that to make sense of it
.

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atticus

Registered: Mar 2007
Posts: 12633

08-30-12 02:45 PM

Quote from cdcaveman:

. What's the point of nesting flys inside flys.. I'll have to that to make sense of it
.

So you're not needing to unwind the various boxes.

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