I think you mean strangle. Cheapest straddle is about $7.20. BABA Nov07 99C/99P straddle $3.50/$3.70 = $7.20 BABA Nov07 107C/92P strangle...
What I like about this trade is that the markets are very bullish and a Chinese tech giant is about to report their first earnings since the IPO....
I was always very skeptical about convexx's journal - convexx's "hitting bids and lifting offers" ETF options - the post timestamps never really...
When in doubt get quotes from your broker. [IMG] :)
Looks like he didn't want to address the concern about the validity of his journal. If it looks like a duck and walks like a duck ................
Looks like convexx's "hitting bids and lifting offers" ETF options journal got shut down due to some irregularities. Does anyone have more...
Poorly written article, looks like the trader has Covered Calls and Long Puts. At expiry the following will happen: BABA $110.00 or more. Puts...
That's called a straddle or strangle. The problem is that they are too expensive and most times will lose money. You have to pick a direction and...
How about you posting some option trades in real time to ET and we can compare your results to mine. :)
UPDATE The TWTR and FB option trades will expire worthless. Below are the results from my three recent earnings related trades - AAPL, TWTR and...
UPDATE TWTR at $48.65 Earnings October 27 (today after market close) Bought 1 contract TWTR Oct31 56.00 Call at 0.96 TWTR price target after...
I will be killing two birds with one stone. Two trades one thread. [IMG] Stay tuned. :)
TWTR - Earnings this Monday October 27. Buy OTM Oct31 calls on Monday October 27. TWTR at $49.95 Price target after earnings $60.00. My plan is...
OCT24 OPTION EXPIRY SUMMARY The AAPL earnings trade was a flawless textbook example of a well planned trade. The 7-day chart below is an easy way...
UPDATE AAPL at $102.76 Sold to close 2 contracts AAPL Oct24 100.00 Calls at $3.11 I will post a summary of this trade on Friday after the...
I like to avoid micro-managing a position, but I would consider selling half if it was up well over 100%. My AAPL Oct24 100.00 Call position is...
That's a loaded question, you haven't included Selling ATM Naked Calls and Puts, which would be my answer. And now you have market conditions that...
"Sell a put spread", "vertical", and "95/98 call backspread" are easier to visualize when I quote the entire position with strikes, expiration and...
But if AAPL Tanks? :eek: AAPL at $97.67 Sell 1 AAPL Oct24 95.00 Call at $3.80 Buy 2 AAPL Oct24 98.00 Calls at $2.00 ($4.00) Premium paid...
Not dodging jimmyjazz ...... That's how I interpreted your question. How about posting an example so that we are on the same page? :)
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