The Delta on long calls for SDS (Ultrashort S&P500 Proshares), as shown on TOS, is positive. I understand that would agree with the standard...
MTE, exactly correct. donnap, I believe that would end up with 0=X I did a poor job of explaining how I used these, as well as who I...
I'm a rank novice boot-licken Options beginner. I lurk a lot, because I don't have much I can contribute. But I've found these formula's to be...
Well, in the morning it wasn't stale. It changed around noon, jumping from about .15 to 4.60. Where it stayed all day. That's not to say you...
I've liked them. I'm not a pro, just primarily a swing trader. Been at it a couple of years. I've learned a lot using their graphs. I wish...
on ARCC, Sep 07, the ITM call (strike $15) ask is $2.40, while the OTM (strike 17.5) ask is $4.60! The bid is $0.15 - quite a spread. It didn't...
In looking over the studies available to TOS Charts, I can't find a study labled RSI. I know they have to have it, but it must be under a...
Average volume for ICLR runs around 110K per day. Through the normal market hours, it ran -7% below average volume, and dropped $-1.39, closing...
IVT - Great! Made me laugh out loud, for sure!
Coach, have gone back a few pages, haven't seen much on spreads you are interested in lately. Any thoughts on SPX DEC 1310/1295 puts?
Thanks for the insight guys! Yes, you interpreted the values correctly.
I put on a small iron condor (2 NOV 160/165/190/195) at $1.07/$1.79/$1.79/$1.01 back on 10/27. I had watched it gradually gain some credit,...
Much appreciated.
I must be doing something wrong with the calculations, since I don't get 9 as the average STD. Assuming it's 5 days until some event, like the...
If a long condor can't deal with the high IV and the move, then what would have been a better plan (without knowing the future of course)? I was...
MoMTS - I get your point on 'why was it high' - it was high because of forthcoming events; news on 26th, FDA in Nov. But isn't that the reason...
So I guess I was taking the phrase "sell high volatility, buy low volatility" too literally; at some point, it becomes so high that it's too...
Guess in the future, with such high IV, a better play to consider(prior to the event making it evident) would have been a straddle/strangle or...
BAM! Thanks guys!
Guys, Thanks for the response. I'm beginning to come around to the same conclusion. I forgot where I got this quote from, but it seems to...
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