@TraDaToR , what do you make of ZOH20-ZOU20? Looks overbought and prime for selling.
I got in at -0.54 today.
Thanks TBS for the journal. I'm confused over the NTAP return. Selling for -5.20 and buying back for -2.90 gives a profit of 2.30, which is a...
This question is coming from a place of curiosity rather than judgement - what made you take such a large position in TEAM cals? Were you betting...
This butterfly has a solid track record for the last 20 odd years. It's not going to set the portfolio on fire, but is a nice slow moving trade. I...
Why the vagueness? Post the actual position you have, and the options prices, strikes, details of the various expiries you are considering as...
delete.
I like to keep things simple. Long options are long gamma and short options are short gamma. If I buy a straddle I'm long gamma. IMO, mean...
I'm sure you are already aware that NFLX is reporting on 16-Oct (after close). A suggestion I have is that the IC is closed before you get too...
^ Reading a simple trade related post like this is a breath of fresh air. Sometimes all the talk of vomma, volatility surfaces, kurtosis,...
I trade lots of things: on equities - calendars, straddles, IC's, butterflies, diagonals, and for non-equities, I trade commodity futures,...
Interesting chart. That aqua line looks like it was the 30-Oct-18 earnings cycle, in which case the rise in the line can be explained by the...
Again, the problem is that you are selling too close to the current price. You need to give the stock some breathing space. I would prefer to sell...
Firstly, since this question relates to another thread, wouldn't it have made more sense to ask it on that particular thread, rather than starting...
@qlai, the best advice I can give you (as someone who has traded pre-earnings straddles for 3 years) is to have a look at the Steady Options...
@BlueWaterSailor, got it. You have a short 135P and a short 140C (and a long 195 C). I see ROKU has fallen again today, which is the complete...
BWS, polite enquiry - isn't this just a credit call spread?
Yes, I got out a little too soon, but I convinced myself that a profit never a bad thing. There was still a lot of premium left in the shorts when...
I closed this for 2.00, profit of around 23% after comms.
Oh dear, you've invited trouble to this wonderful BS-free thread! Lol. I don't know the history between the two of them but I can imagine the...
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