FTSE100 Index Options ( Cash Settled / European Style Excercise ) are traded on the ICE Exchange between 8:01am-16:50pm GMT
Smooth ...
Sounds like a plan ... as Delta is a key component ... do you derive your own Delta ... or use whatever is provided by broker?
Interesting, and thanks for sharing The difference between the 80-90-100 121 Fly and 85-90-100 231 Fly is short the 80-85-90 121 Fly I guess what...
Any thoughts on the edge 231 v 121 ... maybe Des could chip in as a 231 seems to be a 'Pitchfork' with long wings ?
If you have an option chain you can approximate SD move to expiry as ... 1SD = ATM straddle * 1.25
I thought synth combo would be +700p / -700c ... in which case P/L similar to short stock
Pros-Cons of Stock v Synth Combo ?
Sosnoff has some size in Tesla to sell you ... his biggest position ... and he's been short all the way up !
Thanks for sharing Wondering what the edge is in trading | 231 | +2 3175 x -3 3225 x +1 3325 ... against the regular fly | 121 | +1 3125 x -2...
Equally useful would be to dissect into Flies / Spreads +2 x -5 x +3 ... whether iron or naturals can be seen as +2 x -4 x +2 Fly -1 x...
3200c - 3200p Guts strangle synthetically equivalent to 3200p - 3200c strangle 3200c - 3200p Guts strangle trading for 105 What should 3200p -...
Another example ... say you are short a 3200-3300 Guts strangle ... short 3200c - short 3300p Guts strangle trading for 105 You have a policy of...
By dissecting the position into components with different sensitivities to say Delta / Vega By prioritising risk / opportunity if you have or...
There is no one particular Position Dissection ... just one that works for you I have the position as +1 x 32-32-34 Fly +1 x 34-35-36 Fly -1 x...
You seem to have a pretty good handle on the synthetics ... I think RiskArb had a thread some years ago where he morphed short straddles into...
The 3200-3250-3300 Iron Fly is already a relatively straightforward trade. However, depending on whether you have / change your view on market...
I often see other people's trades that have been legged into over time where they end up with units at many different strikes in a single expiry...
No it doesn't ... we have discussed before ... Put-Call Parity only holds for European Exercise Style Options ... and not American Exercise Style...
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