The problem with that idea is that the IV of near term options inflates severely prior to the earnings announcement. The ATM straddle for TSLA...
Long straddles are useful if you have the ability to find securities that will make a sharp move in price in either direction before expiration....
I too am neither a CPA or a lawyer, just a mere commoner trying to fathom IRS mumbo jumbo. Let's take it one step further. Instead of XOM and...
Exactly
Some brokers allow limited margin accounts for IRAs (trading on unsettled funds) so cash secured short puts are allowed. As I understand it,...
It's a little late for this info but you should either close the option during trading hours or instruct IB not to exercise....
When you're down and troubled And you need some love and care And nothing, nothing is going right Close your eyes and think of me And soon I will...
Selling naked calls prohibited in an IRA account. How is Tastyworks getting around that one?
This time is different !!! :D
And what if he picks 20 winners ??? :D
Here's the IRS info on "Presumed offsetting positions" : ----- Two or more positions will be presumed to be offsetting if: (1) The positions...
How about this? Do a pairs strategy on two highly correlated stocks in the same sector. Buy a gold stock and short another one (pick whatever...
A Pattern Day Trader is a person who executes 4 or more day trades (options and equities) in 5 business days in a margin account, provided the...
The OP has left the building, now running Steady Eddie Options, repackaging all of the expertise he gleaned here. Currently, he's running his...
LOL. Perhaps next time we should just ask for the symbols? :D
Reading this thread reminds me of Sea World where the keeper (the OP) tosses a scrap of chum into the tank and the sharks scramble over it:...
I assume that you meant that the put is $3.05 and the call is $3.10 ? I think that the carry cost would account for the 5 cent difference in price.
Yep, thanks for the catch.
All things being equal (all option pricing variables are in the same relationship) then there's no significant advantage in a higher priced stock...
Yeh, I understand that but those factors should not account for an average difference of 77 per cents per contract. I guess that I have to...
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