So enlighten me..... However, since I've traded options professionally for 30 years, and currently work as a Business Systems Analyst in the...
So if the model calculates a delta of .50 from a 1 point move and the underlying moves .80 on that 1 point move the true delta is .80, the new...
I would of thought that it would be apparent on the charts that the calulated delta was on a daily basis as well as the true delta. (duh).
I expected none of the above. What I did expect was at least an attempt at intelligent responses. As for what was referred to as "true...
And that means exacly what...???
That's it!!! As some readers may know, I'm not a big believer in the usefulness of the "Greeks". Each time I comment on the short comings...
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Your right...it can't be.
Every day the market makers make money on the spread.
What I'm saying is that the Greeks are base on a theoretical model and thus have little if anything to do with the real world.
You stated "...get the sum of all the greeks,...."
The greeks are calculated based on a theoretical model.........The greeks are calculated based on a theoretical model......... all together now....
One big misconceptions (Example above) is that Condors are always Iron Condors for credit. There are: Long Condor Call Spread Short...
I agree with rew. The brokerage industry is highly regulated. The broker is required to perform due diligence for customer suitability when it...
I would have to say right now the market is over bought based on the 10 day vs. the 50 day moving average of the TRIN. I do not see any reason...
Leverage auh.... Hmm lets see....If one started out with just $2,000 and made 60% per month...compounded.....in just 5 years that would work...
That's "Potential" profit.
I'd Have to say somewhat interesting but for the most part like all the greeks "useless" (I'm sure I'll get some flack for that)
What's your problem, the stock will be reduced ex-distribution as well!!!
The exdistribution date for this distribution will be Sept. 9, 2010 Strike prices will be reduced by 8.50
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