When it becomes so asymmetrical... Doesn't it at some point make more sense to just buy a call or vertical... sentiment wise?
17/21/22 asymmetrically exposed to the downside...isn't it just called a broken wing?
Chat gpt says: If he received $0.56 credit and it's now $0.32 to close, then: Net Gain=0.56−0.32=0.24(or $240 on 10 contracts)\text{Net Gain} =...
The fly is up $360 according to my sheet. The put is up $341...with the fly though, you have to make a decision to capture these profits.
17-21*1000=-4000
[ATTACH] If price closes at 16.50 at expiry you suffer a $4000 spread loss closing -10...and you are naked the 1000 shares on the other -10.
Actually, there isn’t a better structure — not when you're factoring in flexibility and outcome control. With the short fly, you're always stuck...
That would not surprise me. :)
yeah but lets take a moment to appreciate my sheet. :)
You were late to the party though...I was looking at it pre-market before price took off. I forgot I can backwards check prices on my sheet! Yeah...
Can't this be looked up somewhere? if .56 then it's +$264
[ATTACH]
I see the short put is at +614 and the fly is +334 currently...interesting though, although not by design, the fly may land right in the sweet...
Playing the chase game is just spinning your tires...just set it and forget it man. :) Looking forward to August payout...not just msty, but cony,...
If you're DRIPing at higher prices, you’ll get fewer new shares, increasing ABC, but your total income remains surprisingly stable. And honestly,...
You still haven't shared any numbers LOL... Have you ever posted a trade? Sounds like you got suckered by some get rich quick scheme. :)
I have to give props to Chat GPT. I put in the original version and he topped it off.
You only know what you've cleaned off me lol. Anyway, that's a total waste... Giving up large dividends for hopium. Any swing you make is not...
Bitcoin ETF
Yeah they are garbage LOL. Of course they move faster. They have a smaller float.. what's your point? You still haven't demonstrated that you...
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