PARD is 6.87 Mar 15 call is .70 bid Not a recommendation, don't know a thing about it Just an example of what high IV does to price
7% is a great return for cash but that's the past and helps no one exploring what to do in the present
+1 +1
Women slap their faces?
Never sell naked puts to fund another position unless you are willing to own the stock or more stock inyour case. If the stock is range bound...
I don't think that selling directional spreads during times of IV is anything special nor should it be your primary focus. If IV is high or low,...
Wow, lot of good info in this chain, except from you. Your like the ET court jester except your not funny.
I think fee per share/contract versus fee per trade has a lot to do with it. With per share/contract you can incrementally move in and out easier...
It's not irrational. If your more comfortable that way then it's the right thing to do.
I think your missing the point of several posters. If the OP writes Out of money vertical for 50 ct credit on a $5 spread difference, it's going...
Not being subject to assignment is good but there's no extra gain to be had with a long vertical over the equivalant short vertical.
You execute 16 legs on different dates on different underlyings and you want someone to explain it to you??? LOLOL
Imp vol is quite elevated? It was double these levels 6 months ago and triple late last year. It's actually in the low end of its year range.
Do some reading about how volatility effects option prices. When the implied volatility of a stock is around .75 then 6 month calls that are $5...
Variation of an old saying: Them that can, do. Them that can't sell newsletters
Hopefully the Options Fairy is alive and well and has moved on to saving other people's accounts from themselves :)
Being smart isn't a prerequisite for success. Understanding the vehicle you're trading is.
Not everyone can be an expert like you. He's not spamming, flaming, trolling. He's just asking basic questions and I assume he's trying to...
Every bb has a pedantic pinhead poster who asks for info about obscure topics he searches for in books, white papers, etc.
What a load of steaming gebberish!
Separate names with a comma.