Find the edge :)

Discussion in 'Options' started by MrMuppet, Jul 2, 2021.

  1. taowave

    taowave

    I take down the straddle,smack the 2 bid on the puts and bang out the 1.05 bid 2x on the calls and buy the 65 strike at .05..In the 55 -60-65 fly for .10...

    No need to look at greeks,market making 101:)
     
    #41     Jul 15, 2021
    ITM_Latino, MrMuppet and Gambit like this.
  2. taowave

    taowave

    You could also bang out the 55 calls 2x ,sell the 65 put,buy the 65 call snd be short the box at 10.20..(short 55-65 call spread, short 65-55 putspread)
     
    #42     Jul 15, 2021
    ITM_Latino likes this.