thanks!
When referring to the chance of having a heart attack, options are definitely riskier than stocks.
Q: What's the difference between a strangle and a straddle? A: A fly!
empirically it makes sense.. vol props up all the premiums, and the the P/L curve will look on average higher but flatter..
yep my own macro but nothing really fancy, just a bunch of nested for loops.. freezes my pc for 2-3 mins while calculating so obviously can't be...
@ffs1001 he actually already posted the source in the previous page.. Charles Cottle. Basically the concept is that when you have a position...
I have a vba macro that calculates all the possible fly combinations for a given option chain. I simply pick the one with the best profile in...
Ah.. old good Charles Cottle.. actually I have that book on the kindle edition, but all the graphics/diagrams are f***ed up. Many thanks for...
ok so here there are the two screenshots. I use optionscreator.com, as my brokerage simulator is Sh*t. before, 132 call fly: [ATTACH] after,...
@ironchef actually after a few dozens trials in the simulator I think I got a satisfactory solution to my conundrum. Brief recap of the scenario:...
Just an experiment.
I play in the Chinese market, actually the rules here are a bit strange. No matter if your risk is defined or undefined, you still have the same...
Let's suppose that I have a 1-3-2 call fly with still a lot of time to go for it (>40-50 DTE). The stock went up and now I'm in the situation...
Jeff Bishop told me not to pay attention to those charlatans..
Ha, and who's this John Full? For sure some academic who doesn't understand shit about trading, har har. Does he have a youtube channel, at least?
Thanks man!
Shorting a call without any other edge & hedge in place seems a dangerous proposition. open interest and volume in my opinion are meaningless...
A simple question I asked became a 7 page thread, wow.. So, to put it in layman terms, P-C always holds because long underlying = short P + long...
Tell this to Europe :D
I would say that there are a few misconceptions here. Been working/living in China for 10 years now, so I kind of know what I'm talking about. 1)...
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