Is this a good diagonal spread trade?

Discussion in 'Options' started by earth_imperator, Oct 15, 2022.

  1. Can you tell/analyze whether the following "Put Diagonal Bear Spread" is a good trade or a bad trade? :
    Code:
    Spot=0.54
    ShortPut: DTE=44  K=1.50 Pr=1.22
    LongPut:  DTE=100 K=6.00 Pr=5.70
    
     
  2. ffs1001

    ffs1001

    Yes.

    No.

    Maybe.
     
    Adam777 and BlueWaterSailor like this.
  3. Why yes?
    Why no?
    Why maybe?
    :)
     
  4. Maybe I just've found the Holy Grail with this option strategy... :)
    Correction: it was my scanner, not me :)
     
  5. Best.

    Answer.

    Period. :D:banghead:
     
  6. Elite Idiots at ET :)
     
  7. taowave

    taowave

    Ive unblocked you for sheer entertainment value..

    Use your noodle..Where's your sweet spot 44 days from now..What's a really bad scenario ??

    Whats your edge,and why that diagnol??

     
    zghorner likes this.
  8. Sekiyo

    Sekiyo

    I don't trade option but I believe you can't tell if it's a good trade or not based on what you've just provided. Especially since there is no Greeks.

    Question Idiot begets Elite Idiots ?
     
  9. That's hilarious - I did the same thing for the same reason. :D

    It's only temporary, mind you... I suppose it's similar to the fascination some people have with watching horrific car wrecks.
     
    Lou Friedman, zghorner and taowave like this.
  10. Which, if true, would be significantly higher up the scale than ignorant idiots with no claim to being elite.

    Good day for humiliating self-owns, I guess...
     
    #10     Oct 15, 2022
    Strangertrader likes this.