@caroy I think doing the opposite of what you said with turning condors into flys. The closer you get to expiry the faster those delta's will kick...
What do you do it for??
Whats the platform you use in the charts @themickey haven't seen that before.
Tell me this what is your profit/loss if stock finishes at say $30 that's a 50% swing up.
Lol ok lets say stock finishes at 20 at expiry you call is $5 in the money your put is $5 in the money what are you left with from your original...
Stock at 20 sell 15 call & sell 25 put is the same payoff as sell 25 call and 15 put.
Strangles are always OTM.
This is the same as the 15/25 strangle give or take a few cents and nothing is risk free :finger:
LOL you guys are spoilt in the US. Trading xjo index options in Australia is $2.20 per contract with IB. Although recemtly the have dropped it to...
LOL pause in trading yesterday arvo pending a further announcement. I guess only the lucky few were told of the announcement cause nothing has...
Hey Dest so I can see how you are going to get better results with the Straddle above the market but what if the stock rockets higher well past...
PRL taking a breather today. I don't play in this sandpit, instead I try not to get jacked too hard by MMers all day trading xjo options and spi. :(
SN = Single Name ie Google, Apple etc
Na @themickey you need to get a piece of this one BD1.AX :thumbsup:
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