It is already taken as a loser, as every trade should be. If a profit shows it head it will be extracted, based of course on what the market will be doing at the time, for it is sometimes easy to let profits run if you know what you are looking at J_S
Nobody here is going to hire you. You turn every thread into your one-lot soap box. Nobody cares about your fantasy, toilet flushing, one-lots. This thread has nothing to do with your fictional entries and exits. The guy asked about best-practice strike selection and you turn it into your scam phishing thread. OP, you should not look at strike selection as simply the greated delta position for dollar premium. Shares with low-vola are going to express delta as a lepto-distribution. Higher vola will cause the distribution to widen (Cauchy), resulting in "less value" in delta terms. So, the tails of the distribution (deep ITM and OTM in delta terms) have more "value" at lower vol, and they are also the least sensitive to vega and higher moments (speed, d-decay (charm) etc.). In high vola go deep ITM, less exposure to vega. In low vola go ATM/OTM.
the big diff tween me and "your type"..is that..i know i really know nothing..but ye think ye actually know everything..which is very "obvious" to me..and a few more..that ye don't have a clue bout certain things that really are required for successful daytrading i like to call it "academic shite"..but u do not slot into that catergory based on your social skills..so that even makes it worse! y don't you and your like post some daytrades with options to support your opinions..i have..and i don't mind one little bit being wrong..for to win u have to be able to lose "correctly"..and u do not show anyone how to lose "correctly" by trading multiple contracts just to keep some "monkeys" happy let the OP and others judge for themselves..and if you don't want to "put up"..i suggest you might be better off to "shut up"..as fancy words and no action does not impress anyone..but then again..ye only know what ye have been shown..which it appears to me..and others..is not that much J_S
as for my "fictional" work..what i posted was actual prices from actual charts..taken at the precise times..to..demonstrate the difference between the 2 possible scenarios for the spread in question..this is called "research prior to action"..which can help u save a lot of money uf u are willing to put in the hours of work to identify and test the combinations..it is but a step in the process..to which further steps..involving some "greek" anaysis..will be applied to determine the best strike combinations for the instruments used..which the second one YOU will never become aware of..due to to your rudeness and bad manners J_S
ahh..i now see y u don't like me..ur handle done nothing for me as u made no impression when u posted in the other thread..and it is still the same J_S
Thanks destriero I'm going to do some reading on this. Unfortunately I see this thread turned to crap really quick.
The fills on the October 02, 2015 AAPL 113.00 calls at $0.26 in post #10 by J_Smith are legit - it might be a paper trade but a real trade could have been filled at that price. IMO .... Nothing wrong with that trade. Lets see what Thursday brings.