JFYI: having non-equal wings reduces your total buying power by the larger spread - you could have more "for free" by selling a little more credit on the narrow side. But that's just me kibitzing; presumably, your strat represents your market view accurately, so - good luck with it!
yes it does, although long overall in the portfolio, I am bearish for now... trades like this, deep otm verticals and some deep otm stock puts offer a bit of hedge. Thanks
I didn't realize you needed a screen for your activities - you seem like the type who's already well versed in high-speed reciprocating attachments, auto-erotic asphyxiation, and small animals bound with duct tape. Unfortunately, I can't give you any advice - I like human women, which means you and I have nothing in common - but... perhaps a touch less crystal meth and a little less fiberglass wool to grease your insertional entertainment would decrease your hysteria? Just a guess; I really don't know how a thing like you operates.
Let me dig it up. Running it without stops really kills the strategy from what I've seen. Now if liquidity dries up, then crossing the spread on the stop order becomes even more expensive. This is a high risk strategy no doubt. One intraday gap move and max loss is hit quickly.