Almost Risk Free Trade

Discussion in 'Options' started by benysl, Aug 8, 2007.

  1. It's always nice to have the last word :).
    db
     
    #51     Aug 20, 2007
  2. benysl

    benysl

    relax guys,

    focus your energy on the markets. If you are good prove to yourself that you can make money from the market. If you already are making money like me, then work hard and earn more. Prove to yourself.

    forum is a place for discussion and exchanging of ideas.

    Well you can shoot all you want about me on this thread. It doesn't really matter. All the best.

    Currently my trade has no further update. Still holding on to QQQQ long leg mar08 57 call and 39 put. Short leg is Oct 44 put and Sept 50 Call.
     
    #52     Aug 21, 2007
  3. All is ok benysl, us boys/girls are just having a bit of fun, it's all to do with testosterone and some come to this forum to let off steam :).
    Your position is very interesting and so far looks fine.
    db
     
    #53     Aug 21, 2007
  4. benysl

    benysl

    all is going well, my position is holding

    I am still long mar 08 57 call and mar08 39 put
    I am still short sep 50 call and oct 44 put.

    As of last check my account is up $13 for this position. By next week sept 50 call expire I can sell oct call and start making money.
     
    #54     Sep 14, 2007
  5. It's a beauty.
    db
     
    #55     Sep 14, 2007
  6. benysl

    benysl

    have roll my sep 50 call to oct 51 call
    buy back sept 50 call for 44 cents
    Sold oct 51 call for 72 cents

    I am still long mar 08 57 call and mar08 39 put
    I am still short oct 51 call and oct 44 put.
     
    #56     Sep 21, 2007
  7. benysl

    benysl

    have roll my Oct 51 call to Nov 52 call
    buy back oct 51 call for 1.20
    Sold nov 52 call for 1.23 cents

    I am still long mar 08 57 call and mar08 39 put
    I am still short nov 52 call and oct 44 put.
     
    #57     Sep 26, 2007
  8. benysl: so as of now, what is your net debit or credit on this position, after your adjustments of the past couple months? I see that your risk is reduced down to $500, without considering your net adjustments...
     
    #58     Sep 26, 2007
  9. benysl

    benysl

    it is a little confuse to calculate the net debit or credit but everytime i roll i did it with a credit. as long as by the time oct and nov my qqqq expire i still have my march 08 contract. My march 08 contract has risen in value

    but i will update you guys again
     
    #59     Sep 26, 2007
  10. falcon

    falcon

    I found this old thread interesting however it just stopped without a final conclusion. Anyone know how this one played out?
     
    #60     Dec 14, 2011