woah woah woah, this is getting out of hand. i thought the point of this forum was to help schmucks like me buy a mercedes? with all the brain power and expertise between you all, let's see if we can make that happen in next few weeks. i propose the following: i have $20K to invest, call it fun money. $10K for a trade from Destriero and $10K for a trade from Butterfly. i need to be able to make the trade using IB without insane margin requirements. i'll post screenshots of which trade is doing better, and a photo of the mercedes in my driveway at the end. who's with me?
Sure, provided you show a YT video of your fill and the individuals. IOW, proof that my trade was traded by you and hit the tape.
No no, I meant KNOW not NOT lol, not sure how I screwed that one up. The point is whichever way it breaks big, if it does break big, your other leg covers you. And if you are particualrly risk adverse sell ones that are a good bit in the money.
Since you guys all like flies. GOOGL: Long the Mar19, 2021 1750/2030/2500 231 asym-fly in puts at 299.55 last. Any fill under 303 is acceptable. I am quoting it as the put spread, but ideally you'd trade the combo/synthetic by shorting two of the Mar19 1750/2030 put spreads and shorting one of the Mar19 2030/2500 call spreads. 299.55 basis Friday's close. It's going to trade to 302-303 on Tuesday open. So we can address it 15 mins after the open. Marked to the above put fly at 299.55 last. NVDA: Long the Apr16 450/650/750 132C asym-call fly from 85.98 last. Same conditions as above. This spread isn't going to move from Friday to Tuesday. Obv best-practice is to trade the synthetic, but we will mark it to the call fly. I am marking both trades to Friday's close and anyone else whom would like to play can do so using Friday's closing prices as long as it's done before the futures open at 6pm ET. today. Otherwise you're gonna need to use Tuesday's prices. GOOGL put fly: 299.55 mid. NVDA call fly: 85.98 mid. I own both of these, but only the GOOGL in size. The GOOGL is a $30K req so it really doesn't fit the contest, but it's my biggest position, personally. In March and other months. The March position being representative of my greeks. $38,600 req.