I will start looking at them. I've always viewed them as not a one day play type instrument other than a hedge. I will start looking at their...
Week 28 Update Flies opened on Thursday 8/5 for 8/6 expiration BIDU 5:10:5 162.5-170-177.5 call bot @ $3.06 CRWD 3:6:3 250-260-270 put bot @...
I'd second what @BMK has said. Early assignment on a spread is not that big of a deal provided you know how to execute a covered stock order....
Subbed looking forward to following this.
Week 27 - Totals Flies AMD 4:8:4 94-100-106 puts bot @ $1.86 sold @ $0.80 - $424 BLNK 7:13:7 33-37-41 calls bot @ $1.50 sold @ $1.95 + $315 CHWY...
Week 27 Update New income trades placed and exited before fly set up on Thursday Sold 1 AMZN 33200-4100 Strangle @ 11.30 bot @ 5.60 + $570 2...
I think the opening margin for the AMZN strangle was $37,000 when I opened the trade.
Tesla rep promised me within 18 months. After using the self driving I think it will be longer.
A thought tied to this discussion is the emergence of autonomous vehicles. When the technology is there sooner or rather than later car ownership...
Executed the following 5 Delta Strangle in AMZN Opened on Monday 3320-4100 sold at 11.30 bought in today at 5.60 for a $570 winner. Went...
Just joking. I could never harm "Butters". She's an angel.
@ffs1001 Thanks for these thoughtful comments. I plan to be out of AMZN pretty quickly ahead of expiration and then you're right looking at the...
i believe i will. Need to check earnings though and the date on that. I'd like to be out of it before earnings.
Week 26 - Totals ABND sold 15 137-140-143 Iron Flies @ $1.70 bot @ $`1.55 + $225 COIN 3:6:3 220-235-250 calls bot @ $6.80 sold @ $4.27 - $759...
Looking forward to the return. Cheers!
curious what the results would be with a 5 delta strangle?
All tied to the debit paid. Trying to keep each fly between 2000 to 2500 of risk capital so around 25 k at risk week to week or around 7.5-8%....
Week 26 - Update Positions added for Friday 7/23 expiration ABND sold 15 137-140-143 Iron Flies @ $1.70 COIN 3:6:3 220-235-250 calls bot @ $6.80...
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Week 26 midweek update As I've been sitting in cash the majority of the time I've been thinking of what strategies could I put on early in the...
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