Makes sense to me and to add to DMO's answer for jones247; The difference between an iron and most of strategies mentioned in this dicussion...
Exactly. This has been a discusion of a 3 or 4 strike version of a Market Maker type position involving dozens of strikes in several months...
While we are awaiting Maverick's reply, I would like to suggest that this position is not perfect. Like any other position, it can make money or...
All is well. Hope all is well with you and yours, Coach.
Hey DMO, Good to hear from you. Some of those 1000 lots were nasty, weren't they?. Hated some of those! Getting back on topic, attached...
Sorry, Can you repost the original post? It must have been a while back. To benefit to the downside with the SlingshotHedge, one would need...
http://www.riskdoctor.com/Downloads/OTTHRChapter9LITE.pdf
Discover Kabbalah Video (1/2 Hour) http://tv.kabbalah.com/product_info.php?products_id=1571 Kabbalah can help you get more fulfillment from...
Has become a chapter in "Options Trading: The Hidden Reality" available at RiskDoctor printed in color hardback or PDF.
If you have to ask, you should not trade options. if you are anxious to get rid of your money there is always the Make-A-Wish Foundation....
Thanks but I havn't much of a clue about exotic options.
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Correct fengshui-123 These positions are long vega and short gamma-all limited risk but one must be cognizant of the implied volatility levels...
Come down to the CBOT. I am here most days. If you send it to me I might have to keep it. They are quite rare, you know.
Sell strangles or straddles and buy more further out (in distance) strangles (same month) in such a ratio that you still have positive theta....
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