UPDATE - OPTION EXPIRY SPY closed at $215.83 ($0.57 over my estimate). Long ATM SPY 213.00 straddle profit $0.57. Short ATM SPY 213.00 straddle...
Yes. But over a much larger number of trades they wont be. :)
Thank you for your support ET. :) #1 - This Week's Most Viewed Threads [IMG] Stay tuned. I will be posting a summary after the options...
I have confidence in the MM's to efficiently price the options. Best case scenario for the MM's is for both the long and short ATM straddles to...
Below is a SPY Jan 20, 2017 215.00 ATM straddle (long or short) example that we can watch as it progresses. SPY at $214.92 Jan 20, 2017 215.00...
Which one? There are four: Long 213.00 SPY Short 213.00 SPY Long 717.50 GOOGL Short 717.50 GOOGL I haven't checked the quotes yet, I will do...
No big deal ........ 62% drawdown should be expected when you are going after huge returns. It's all in the Risk:Reward ratio. :)
IMO ...... You won't get the returns you need with GLD options. I recommend PCLN and FANG (FB, AMZN, AAPL, NFLX, GOOGL). :)
Possible with equity options ..... but unlikely. $1,000 10x trade = $10,000 $10,000 10x trade = $100,000 $100,000 6x trade = $600,000 :)
Be patient everyone. I will update on Friday 15, 2016, after option expiry. :)
Could you give us an update. You started with $1000, what is the account balance now? :)
The links to similar threads has disappeared from the bottom of threads. I found that feature useful. :)
Wait till expiry, it should be more clear. Both the long and short straddles should break-even - at most a small profit or loss not worth the...
Whatever is marketable. I don't bother with low volume obscure options. I have never heard anyone say the "mm's are skeptical of this rally"....
What is your point? Your reply is very ambiguous. :)
If you buy DOTM options you are expecting a big move on the underlying more than any "spike in volatility". Forget trying to catch any 100x...
What is your point? Your reply is very ambiguous. Of course the trade can be exited at anytime, it doesn't matter. :)
I'm using the July 15, 2016 options as an example to get the final results quickly. My thread applies to all expiry dates. The MM's mis-priced...
Long and Short ATM Straddles are Dead Money - But a very accurate indicator of future stock movement. Options are very efficiently priced by...
On Sunday evening I'm going to start a thread dedicated to how and why long and short ATM straddles are Dead Money. With a couple live examples on...
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