So let's assume a bid/offer of $0.05, just to use a number. In a given iteration, you will sell at 99.85 and buy at 100.15. That, if I am not mistaken, is a loss of $0.30 per share, correct? If you include commissions that you incur on two transactions and redo the calculation, what do you get?
I see. Then, I think I should stick with my original version: w/o the +/-10cent bands, because then it comes much cheaper, even if it theoretically can mean more trades. I'll have to rethink it...
Martinghoul, thanks for your help. I think I've seen enough. I'll crawl back into my cave and try to find a better method or system.
Perhaps a correction below!? " If any hedged option-selling trade ends up closing at, say, 0.70delta at expiration, there could be potentially an extra profit of 0.30delta for the trade. " That means a greater expected returns p.a.! Congrats!
Best of luck... Remember that the right attitude is always to question one's assumptions. Whenever I see something that looks like free/cheap money, I always first assume that I have missed something.
State terror, Germans not giving "poor you" a job? I'm confident there's something you're not telling us - either you're impossible to work with, mentally unstable or something else. Germany is desperately seeking qualified workers, so what you're saying is complete non-sense.
My debts are caused by 6 court cases against my previous employer, which I mysteriously all lost... The firm had offered me a 10% share of all incomes the system I as a Software-Architect developed and installed for them brings the company (monthly subscription service for special IT systems of pharmacies, more than 1000 around the country, bringing more than $25k each month additional income for the company since 2012). The company did not hold its word, so I went to the court. The corrupt court has dismissed all my cases, and in the end I was left with all the court costs... And since then I mysteriously get no chance at all anymore in the labor market. I'm top qualified in my job, Germany needs such people, but unfortunately not me. So there must be a reason... Logic tells me that every employer checks a database where everything (ie. my dispute and court cases) are stored, so that no employer wants such an applicant who has sued his previous employer... Welcome in bigbrother-land Germany with its Stasi2... Datenschutz? BS auf dem Papier nur! You have no chance and no rights - make good use of it!