1000% Implied Volatility In GameStop

Discussion in 'Options' started by Matt_ORATS, Jan 29, 2021.

  1. ironchef

    ironchef

    OK thanks. I will observe and learn.
     
    #111     Feb 15, 2021
  2. newwurldmn

    newwurldmn

    I eagerly await @Butterfly to post his options trade based on put call parity; though his CFA might prevent him from doing so.

    If the association found out, they might disappear him.
     
    #112     Feb 15, 2021
    destriero and Atikon like this.
  3. Butterfly

    Butterfly

    believe me, I am still looking, just to expose your own incompetence publicly :)

    you already lied about your CFA and got exposed for it, it will be easy with the put-call parity :)
     
    #113     Feb 16, 2021
  4. newwurldmn

    newwurldmn

    I did have my CFA certification. If I wanted to prove it to you, it wouldn’t take me 2 weeks to do so, unlike your Larry tabb quote.
     
    #114     Feb 16, 2021
  5. Angelo_60

    Angelo_60

    Matt,

    according to your chart, the max loss of this GOOG fly is between 50k and 100k.

    According to IB OptStrategyBuilder is more like 37-38K (I used 20210326 exp, because unable to find 2030 put in IB database for Mar19 expiration ).

    Moreover, for all the forumers here: the proposed position seems to enter the "suffering zone" with a 10% move in GOOG in either direction.

    Wondering if this occurrence is planned and - should this be the case - what are the best actions to take.

    PS Thanks Dest for all your inputs, you a are a driving force in this community.

    upload_2021-2-16_17-10-47.png


    [​IMG]
     
    Last edited: Feb 16, 2021
    #115     Feb 16, 2021
    .sigma and destriero like this.

  6. Amazing call with NVDA Destriero. I couldn't make the trade because my account was no longer margin, but it looks like this one would have doubled my money. Seeing it move up to $650 over the past week was really something! Chapeau!
     
    #116     Apr 15, 2021
    .sigma and destriero like this.
  7. .sigma

    .sigma

    @Matt_ORATS chose the 1730 wing, while @destriero bought the 1750
     
    #117     Apr 16, 2021
  8. .sigma

    .sigma

    its almost eery how well desty called this. Especially when Nividia has never touched the 650 strike in its entire existence. While you’d have to endure some pain with that sell off to 470 beginning of March, the overall play is a beauty. If NVDA pins 650 tomorrow I’ll cry.
     
    #118     Apr 16, 2021
  9. .sigma

    .sigma

    Currently a hunnid bucks above this fill, amazing
     
    #119     Apr 16, 2021
  10. taowave

    taowave

    Keep in mind that he had the fly on with the stock at 600 and it sold off to 460 and then exploded up tp 645...Not speaking for Des,but with an 86 debit,I seriously doubt he just sat there without making some gnarly adjustments along the way.That was no walk in the park





     
    #120     Apr 16, 2021
    guru and .sigma like this.