Understood. But the other characteristics seemingly don't trump the "extended" move feature because this one seems necessary for you to consider...
Sorry to come to this party a bit late. But remind me what makes you think that a move of x% is any better time to short a vertical than any other?
+1. A bit off target of what I think is the OP's outlook, but a great way to play a conservative, long-term equity position with a bit of...
I run an inventory, so any individual trade isn't independent. Only rarely do I take a shot. When I do, it's with the future or the underlying....
Sure. But remember that Iâve already acknowledged that verticals are not an optimal approach to scalping, so if youâre good at predicting a...
Nope. Plenty of evidence to the contrary. But if it works for you, have at it.
If you can predict consistently in your timeframe that the underlying will move to a certain price point or higher (assuming calls), then the ATM...
I'm not sure if this comment is addressing my suggestion of an ATM vertical or not, but here goes. If you have a high rate of predicting...
Kind of. Statistics yields the likelihood that B is a real .
What about buying the ATM vertical?
Amen. This is why you must bound your risk in some fashion.
Red, unfortunately, I don't have an initial position. I carry a perpetual inventory, so it's impossible to report any particular trade. However,...
Multiple, yes. The position is not a one-time trade. It's a position you work into, over time, with changes in spot and vol.
Every day.
Good. Remember that the further away your long options, the more the position acts like a a naked short position. I think that's what you're...
Amen. :eek:
Shorter-term short positions, more centrally placed, hedged by longer-dated, lateral long positions, with net long/short neutral or biased net...
The bottom line is that you'll have to read, study and practice for an impossibly large number of hours before you'll be consistently profitable...
Just remember that you're joining the crowd trading directionally if you adjust your fly as time goes by as the underlying moves around. For...
This is where understanding that "adjusting" is simply adding another trade to the mix. The addition of a fly as the underlying moves up is...
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