Discussion in 'Options' started by gkadir, Apr 27, 2017.

  1. gkadir


    Hi guys,

    I am looking for the best option hedge for the following:

    I will be buying calls just before expiry. Saying $10k worth.
    I want to hedge this position with another option play worth $10k.

    If the market goes up a lot, I want to profit from the calls.

    If the market doesn't move and the calls expiry worthless, I want the hedge to cover the costs, less fees, and spreads.

    Thank you in advance for your help
  2. tommcginnis


    Handle123 likes this.
  3. newwurldmn


    Sell a ton of puts. If you sell enough you can even make money if the market doesn't move and the calls expire worthless.
    samuel11 and sle like this.
  4. sle


    So you want the cake and eat it too? Plus, you'd like to fuck the baker while at it, right?
    newwurldmn likes this.
  5. Handle123


    No free lunch in this world, there are games to play in options you can get close, but I think you are crazy just like me.

    lawrence-lugar likes this.