not anymore especially with crypto pairs and payouts in crypto. Old school options are a dinasaur.... unsustainable imo if they do not adapt...
The difference is with binary you get a 92% payout by being .01 ITM. How much would you get from regular options for being .01 ITM? The bottom...
I am referring to them as "bets" but they are anything but. I have only had experience with one broker (Pocket options), and some of the trading...
Ok so 30 trades in I am at a 71% win rate...would have been higher without the mishaps. I am also usually at a reward:risk of about 50:8 or...
Ok a little end of the night mishaps. I put a trade a 10 minute trade on for $50 but didn't realize it was set to 1 minute so I lost that...
Oh that's whats going on...I only deal with indexes so they skew towards the put side whereas stocks tend to skew towards the call side.
NOV17 175 calls @ 5.80 & 165 P @ 3.65
Ok sure that protects the down side by limiting the upside. BTW why are 1 otm calls worth more than 1 otm puts?
So if AAPL goes up you gain from the long stock but you lose on the short calls and long puts. And if AAPL goes down you lose on the long stock,...
When did I say they are bad?
Yeah but whats the point of hedging? All this does is remove any chance of profits. Why even own the stock? It would be like home insurance...
So $500 for 3 days of insurance? 365/3=122*500=60,833
This is the crux of it. What is the cause of the volatility? It's artificial. I mean you don't check how much your house has gone up or down in...
Yeah that would be like saying you can insure your house but it won't increase in value while you have insurance.
Lol $24.50 to be exact. :) If a total scam, how are they still around since 2017? I will let you know about cashing out. I see you can choose cash...
Just made the $20 on a $25 trade in 4 minutes...and I'm still just testing things out. This time I tried the "Pending order" where you can setup...
You're not wrong. It could be very lucrative. I will sit on this idea until I see someone else become a billionarre from it....
It should be a flat rate like with home insurance. The risk is no different than home insurance risks.
? to protect a 500k AAPL position for 1 year (sep2024 put), you would need 5000 contracts*.59 delta=2950 contracts x 21 per contract = $61,950
I average down and take on huge losses for large amounts of time. I put 100% of my portfolio in one stock. I never use stops or if I do I never...
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