Did you ever try it? Won't work nearly as good as you expect. Once te numbers are out the IV goes out. Might even consider selling straddles...
But that's my point. The net cost is not $1 better, the price in the market is what you pay for it. You are just pretending that the $2 don't...
Synic, again, the strategy does have attractive sided and I'm not trying to dismiss it, but my point is that, when dissecting the actual...
Yes, I have done that too for some time, and is kind of satisfying to stack a new fly to the collection every week or so. However, at expiration...
Your method of buying cheap irons is still looking very attractive, and of course owning an iron fly for less than it should cost gives you a...
I agree. I got the book by accident (coupled order at Amazon). There are indeed a lot of errors in it. Also theoretical foundation is absent...
No, I agree completely with your definition. I'd better said "a strategy might have an expectancy...." Ursa...
I think a follow up would better be called: Options Trading Strategies for a living: how to turn a negative expectancy into a positive one (and...
OK, that was very interesing. This discussion certainly aligned some of the basic assumptions about options trading and exposed a few doubts I...
I tend to agree with that. Any follow-up trade in itself involves a decision-making process. That means making an assumption about the future....
Hmmm. Maybe you could start where you left of. You tossed us a bone about adjustments being able to turn a series of option combinations, that for...
Why do you think somebody will let you short that option and why at that price, why not half that or double that price? Someone is willing to pay...
That is an interesting proviso you make here. I've seen only a few publications where actual realised vol is in hindsight compared to the...
OK, I put away the gun, if only to read the following 30 pages :p . (Didn't know my post sounded so depressing) I now see kubilai was faster in...
OK, going back to the seller/buyer equivalence, a very interesting discussion that makes these fore worthwhile. Basically the reasoning is...
So what about the metrocards? :D
LOL! :p
How do you estimate what is a "pretty favorable risk:reward profile"? I can see that a OTM spread has little cost and could possibly widen to the...
Could you explain how that works, because my feeling is that most important market participants use the same, fastest news sources and will be at...
On this forum there is so much talking about traits an good trader should have. Also numerous books about that subject too. I never gave it a...
Separate names with a comma.