Why would you ever allow yourself to be in this position?
Just buy back your short options prior to expiration. You are allowed to take losses...
You know the correct answer to the question!
That's far more useful than filling at the ends.
I'm looking for a paper-trading account that provides reasonably priced fills - where you don't have to pay offer or sell bid.
Need it for...
Greeks measure risk.
That's all they do.
Use them to ESTIMATE P/L if you want to do so, but you are ignoring the fact that options trade based...
It's fine to ask noob questions.
However, the fact that you are asking whether to exercise your long put option is proof that you are not...
Unless you state a specific type of trade, the question is meaningless.
A trade for a scalp can never have a holding period similar to that of...
Be careful. When there is a fast market, or any time the market makers widen their bid ask spreads, the bid price drops by a significant amount....
Yes, they do have juicy credits.
But those juicy potential profits come with commensurate risk.
The real problem is that they guy...
1) Selling the puts is a good idea - but only when you are wiling to accept the premium as your maximum profit.
2) You cannot sell calls -...
That is not true.
Your perspective is off.
For example, if I elect to write a covered call, I am stating that I am willing to sell my stock...
You are right. But schmega? You overlook the importance of schmega.
What you want to know is how did he/she manage risk. That's the secret.
Strategies are seasonal. Some work exceptionally...
That's absurd. Where would I get names?
Do you think people write to me tell me how much they make?
I know you can make money using options....
You do not have to be a gambler with a huge appetite for leverage.
Do you avoid driving a car because a segment of the driving population...
You have some very bad misconceptions.
1) A broker doesn't give you anything
2) The person with whom you trade - the person who takes the...
No flak. The Greeks are used to measure risk. If a trader doesn't want to measure risk, that's his/her business.
What you really get to take advantage of is the huge negative gamma and the possibility of losing your shirt.
Separate names with a comma.