If you have not realized it yet, trading has a lot of common with gladiating (in case the verb does not exist, let us coin it on ET and spread it...
You may not understand the fundamental reason of why one spreads. Also you may not understand butterflies and when to use them. OTM are specs and...
Such knowledge is not free, particularly for people like you. Plus the kid, unlike you, has a head and a correct attitude. He wants to understand...
You are right in your quote-- not just in one book but in plenty (of course not all books make that "mistake"). In addition, there might be a...
Computers do the calculations, they do not do the thinking--humans do! The problem is in the formula used and its implications, not in the labor...
I will wait until others have the chance to think about this. Any definition of breakeven is welcome. The most important point will be learned...
Give the person a break. Isn't this his first post?
It is not your fault, and as per your other thread you seem to have sensed that something is wrong. I thought to wait a little to allow for others...
The breakeven is not $60.50. Post the delta (when you opened the trade), and I will tell you what the breakeven is.
There is more to it than that! You may need to scale up your thinking about this topic (if you actually traded/trade options from the buy-premium...
You seem to have the right instinct, but if you accept what you learned in those books about how to calculate breakevens, you have just been...
A fellow (with years of experience in trading) asked me to see if I can help him in potentially improving upon his trading (in the sense of...
Could you also tell him/her where or how you got that number?
So why you do not tell him how?
If I understand you correctly, The main reason of your exercise is to find an edge. There are three types of edges (you can subclassify of course...
That's what a put does. Did you check saxobank, but their pricing may not be fair? Is this for trading or for business? If it is for trading I...
Where do you trade options on that pair? What type of put is it (american/european/etc)? What is the interest rate on SGD? Check the vol of that...
I am sorry. That was meant for another guy who posted before you. He keeps following me from thread to thread because I was ignoring him. I...
Margin point is in my post. I did not miss that. And the answer to your point on margin is it depends on other things (rest of position, how...
You are an idiot
Separate names with a comma.