I'd suggest using long legs of mid term duration instead of LEAPS (4-9 months). Since they cost less, blow ups should be less painful. Yes,...
And here's even another one: http://clearstation.etrade.com/cgi-bin/Itechnicals
Butterflies often work well in earnings situations where the premiums are inflated (I don't know what the Dell numbers looked like). Crazy news...
Invest a coupla hundred bucks in the leading option texts. Spend a summer at the pool with them. Read everything you can find on the net...
The best time to sell is when the LEAP has the most profit :>)
I'm not a fan of using LEAPS for the long leg of a diagonal because a big move in either direction will cost you more than a midterm leg. Granted...
I think that no one is taking the trade because who wants to give the Mkt Mkr his pound of flesh? As I type, I see up to $2 spreads in your puts....
He's long the 170 put since he said in his original post: "I can exercise the 170s as long, but not the 150s as short." Yes, the options are...
I think the long/short legs are the other way around but that's just details (g). Adding the synthetic diagonal to create a lock is a good idea...
Other than being lucky enough to be assigned early, I'd put a closing order in for a credit of 19.80 and let it sit for a day. If that doesn't...
stock - call + div - carry cost = - put
If you want some real laughs, do a search for posts by STUNATA_ONE, STUNATA_TOO and DR_RUTH_LESS. I think that for the most part, they posted...
A unit of cash, a unit of cash What an idea, it's so brash! Follow me, all you heathen Spend a year, hope to break even. Guard your stash,...
Near and somewhat OTM (out of the money) options tend to have more activity than ITM. And it may have been a no brainer trade not everyone is as...
LOL. Yes, I have an advanced degree in Yahoo Putz! :) And who would you be?
With an option pricing formula, you can determine precisely what the price of the option will be after a 10% move. All you need is the amount of...
What you need to learn is: 1) The relationship of option premium to stock price 2) The effect of time decay 3) The effect of change in...
Some years ago someone did a study of the results after stock splits. The results? It was rocket science stuff !! (g) Companies with good...
Covered call sellers never lose on their options. It's the stocks they have the problem with :)
Except maybe when it comes to buying shoes :) Funny line, Phil!
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