Magic's Recent Activity

  1. Magic replied to the thread Roll up the short call in this spread, let it ride, or roll up the entire spread?.

    imo unless you have an opinion on vol, use the underlying instead. You made a delta bet and won; go ahead and collect your profits....

    Jan 21, 2020 at 1:28 PM
  2. Magic replied to the thread Roll up the short call in this spread, let it ride, or roll up the entire spread?.

    If you have to ask something like this; the right answer is to close the trade once you don't know what is going on anymore. Also the...

    Jan 21, 2020 at 12:37 PM
  3. Magic replied to the thread Does Opts theta apply to the weekend as well ?.

    Most simply Friday's close to Monday's open. If you end Friday long a hedged option and price moves at all you start Monday with some...

    Jan 18, 2020 at 7:13 AM
  4. Magic replied to the thread Does Opts theta apply to the weekend as well ?.

    Can vol still occur over the weekend even though the market is closed? Yes... ergo there is going to be a cost for being long gamma....

    Jan 17, 2020 at 4:28 PM