Does FBRX IV Look Way High to You Also?

Discussion in 'Options' started by zghorner, Sep 2, 2021.

  1. qwerty11

    qwerty11

  2. qwerty11

    qwerty11

    Stock now trading at $4 (from $30 earlier today)...
     
    #12     Sep 2, 2021
    zghorner likes this.
  3. zghorner

    zghorner

    lmao RIP to a lot of people...Saw several naked put holders when I was searching about.

    @newwurldmn Im hoping your positive gamma was from net puts? How you looking man?
     
    #13     Sep 2, 2021
  4. zghorner

    zghorner

    Looks like I was wrong in my OP and the market knew best...
     
    #14     Sep 2, 2021
  5. zdreg

    zdreg

    The market makers don't make directional bets. If they do they are now flipping burgers and you can have fun with wives when they are at work.
     
    #15     Sep 3, 2021
  6. zghorner

    zghorner

    lol you say that like you have had some fun with wives while hubby was breaking his back at work...

    And i know what you are saying, every position they add is balanced/hedged instantly in one way or another and they are almost always delta neutral.

    What I meant by the comment you quoted was in relation to option premium, not direction. The market anticipated a huge move in either direction and was correct. my OP was basically asking the question "are these options overpriced (both calls and puts due to high IV)? If so, lets sell some premium..." And I was dead ass wrong.
     
    #16     Sep 3, 2021
  7. zdreg

    zdreg

    Selling straddles is a directional bet.
     
    #17     Sep 3, 2021