Thank you all for the great replies. My thinking was that I should/could buy 100 shares at $1.25 for $125, exercise the $3.00 put to sell for $300...
Appreciate any reply to this scenario pending. This is generalized but applies to my situation. XYZ stock price was $4.50. Strong Sell...
I'm not looking to start a pissing contest. I came here to ask questions when I can't find a clear answer elsewhere.
From my reading and 4 months of experience thus far, I know to consider these criteria when selecting a stock or EFT for activity: High open...
When looking at a potential trade, some spreads or ICs have either positive or negative theta. Do i understand it correctly that a negative theta...
No, not a retirement account - individual margin account.
Tracking activity in Quicken for trades. There appears to be no way to enter daily pricing, volume, open/close for options in Quicken other than...
When one sells calls or puts - 'being short'. Understand short and long. Volatility is relative, long or short is not relative. You either are or...
Thanks Tom
While this sounds good, I have yet to grasp all the terminology and implications. I'll read up more on 'mean reversion' and how one becomes 'short...
POP changes based on strike prices selected, width of strike prices and expiration dates. Number of contracts seems to not influence POP or P50.
POP is probability of total (max) profit and P50 is probability of realizing a 50% profit of max profit. [ATTACH]
Terminology may be off. Using Tasty Trade calculators to get POP, IV% and P50. Yes, the stock price, not strike price. Haven't had my second cup...
:thumbsup:. So, going forward, perhaps it's better to consider IV% closer to 50-60% rather than the 25-30% I have thus far considered. Thanks for...
In my readings and learning about options, particularly Iron Condor contracts, some videos (can I mention a broker? - TastyTrade) notes that...
Thank you. Many articles speak only of 'the spread'. I wasn't sure if this meant the space between bought put and sold put on upper leg of IC...
You have been so helpful. I appreciate it all. So, all other things being equal, I'll get the short IC for $246 credit/$354 max risk. Exit...
Just to clarify for my own knowledge. I'm looking at a SPY Iron Condor with a $26 spread (Sold call / sold put middle legs), should I then expect...
Thank you for your reply. I am concerned about the total dollar cost associated with exercising. This EFT is just ever so slightly under its 52...
Thank you for your reply. The underlying is $167 and DTE is 26 days but, most importantly, this trade has not been executed. I'm just getting...
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