Get some backtesting software and find the real answer :D
Crawl before you run.
Joel, A couple of things besides the books. Books are fine because they help drive home some basic concepts and help get a grasp on advanced...
That's the beauty of options, you can really map your sentiment to your strategy. You do have a higher likelihood of break even by buying the 80...
This whole 9/11 conspiracy bit is so tired.
Wasn't it Stan and Kyle from South Park who already uncovered this?
I think the common theme to managing ICs is that you can't really "manage" ICs. Once your short strike is breached, your options become very...
Keep in mind .... You're also buying pretty expensive options. At .25 with a stock price of 24.5, the IV is 24.65 which is at the high end of...
Yes, I quit reading it before I got through it all. Another thing that was weird, is that he mentioned these "Siamese Condors". So I googled it...
OK boys, I got some screen shots and I did it with ToS to show a) they usually price the mid point of the spread b) you can see the risk graph...
True, but c'mon guys, I wouldn't pay $5.00 for a credit spread :D
OK, you're looking at the quote now and you're correct. I'll post a screen shot the next time I see it. I have a feeling an MM would never...
Yes, 100% if I let them expire in the money, but in the case of a put credit spread, if the underlying moves higher, I can buy back the spread at...
No, I wasn't getting them switched around. IB quotes credit spreads as negative.
It was FRE
I was putting together some spreads for a look this morning and got my strikes a little wrong and noticed something strange. The B/A spread for...
credit and debit spreads? No more naked? Thanks for the great journal, it was a good read.
so 5 minutes ago.
You're right, the b/a spreads for options are much different than the spreads for stocks (read, much crappier). I think this makes day trading...
Dayum :D
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