Congrats, I think what you're saying is that you purchased ibit call wotm options for cheap and now they are deep in the money The youtubers also understand that it's very very difficult for the average person to buy a whole bitcoin now, and have switched to 0.1 btc or 0.21 btc, one out of 100M is still a great achievement as there are over 7B people in the world I started to do that a few pages ago to sell 0.1 btc as a product unit and anyone can purchase more than 1
You were cherry picking prices... The short put ended up receiving maximum profits. With the fly you had to actually manage the position and try to time the exit... You also had to take on more risk for the same result using an asymmetrical construct.
I got almost 2X the credit in three days. You had to wait until expiration. Mine had lower risk and required no management as it was equal to your credit. I closed it in three days for more than the initial credit. There is your "active management" argument which is false. Yes, I made more by covering it early. I could have left it and made what your sp earned at exp. The point is not the vast superiority of the fly to your sp... it's the fact that for weeks you thought buying at a credit and selling at a debit is subtractive, not additive.
When you're comparing flies to short puts, you are not factoring in the times you have to close at a loss... I'm sure that would average out over a year to be a net zero gain. Chat GPT was confused about the debit credit.. I knew it was a credit because I mocked your broken wing after price started tanking in the first few days.
OIC. The "Canadian g/f" argument. I have proof but it lives in Canada and is a runway model. I am the best directional trader you've even seen or heard of. https://www.elitetrader.com/et/threads/dests-everything-journal.332136/page-11#post-4859112 You're r******. Back on pseudo-ignore.