How to get a direction-biased delta?

Discussion in 'Options' started by TimeCorrosion, Jun 2, 2007.

  1. No offense please Leeor, it's not your english, it's what you're saying:
    Now admit it: you're pleasantly drunk! Cheers!
     
    #21     Jun 4, 2007
  2. cdowis

    cdowis

    Ratio spread ==>>

    Sell one ATM call, purchase two OTM calls.

    You have limited loss and unlimited profit potential. The loss curve is especially shallow if this is a short term play several weeks before expiration.
     
    #22     Jun 5, 2007
  3. nitro

    nitro

    I figured out a position that has exactly these characteristics, at least to a high degree (90%) of statistical accuracy.

    nitro
     
    #23     Jul 25, 2007