how much can this position make ?

Discussion in 'Options' started by thigle, Jan 17, 2016.

  1. Fundlord

    Fundlord

    Somehow I doubt whether this trade is real or not, $15k one far OTM options is a pretty big trade for someone who comes across as a new trader.
     
    #21     Jan 19, 2016
  2. thigle

    thigle

    well doubt it or not, it is so.
    actually i am not new trader,
    i am just new to the intricacies of the options.

    and thats why i asked for help.

    but here people spend more time typing their doubts
    than it would take them to put my position into their funky softwares
    and give me a helpful answer.

    an 15k is not that much for me,
    i have a company with 3d printing services and employ 6 guys,
    and after watching markets for years,
    i decided to make a solid bet.

    i really believe we break 1570 this year,
    thats why i did this bet in the best way i was able to.

    i understand for many this might seem as risky or stupid,
    but i dont care. what i do care about is that if we really fall hard
    (and tonight shows again that i might be not that much out of my mind)
    i want to take as much profit as is possible,
    because this is my chance to retire
    if i am right and if i do it right.

    the march expirations is only wrong i did,
    should have bought jan2017 puts with 1700 strikes,
    they were 40 bucks just few weeks ago...

    SO PLEASE, ANYONE !?!

    if we fall to 1750 this week ?
    if we fall to 1570 before june ?
    if we fall to 1250 before september ?
    or 1250 before december ?
    or 1000 beforeo december ?

    at least ONE of those scenarios,
    can you give me a hint ?

    VIX will be at 55 at least when i will be selling.
     
    #22     Jan 20, 2016
    Fundlord likes this.
  3. VTS

    VTS


    Dude, you're not going to retire off this trade. And I'm not sure how many times and in how many different ways it can be said to you, but let me try one more time.

    - Open a brokerage account, ANYWHERE. I've never heard of a brokerage house that doesn't have at least a basic position analyzer to see a basic put, come on...

    - If thats beyond you, then download a free software program. Google them, there are several.

    - If that's beyond you, then just buy a software program for a few bucks and download that. They will even likely give you a free trial. Again, Google is your friend.


    To have any future at all, you really need to be able to handle this one yourself my friend. It's just about the easiest problem I've ever heard of to solve.

    Google, download, input trades, done.
     
    #23     Jan 20, 2016