I totally agree that is what I'm looking at and how I view the advantage of PM also in trading the underlying with the various option strats available.
I am liking TOS's PM..I have been conservative so far with the way the market is..in time I will gradually kick it up
The attached file shows the relationship between the NY and the OEX. Since in CPM the two have a relationship for margin, one can go long on one and short the other, or use the options on one and the underlying on the other, or options vs. options. Based on ones expectations. Will the NY go back to out performing the OEX or will the OEX continue to catch-up to the performance of the NY? Is the market over-bought and due for a correction where some combination of long vs. shot, or puts and calls and play the spread?
You establish the following position: Short 1 ABCD 320 Put @6 If the delta of the put is .050 and the gamm is 0.03 what would the new delta be if ABCD decreases from 321 to 320? a. 0.47 b. 0.50 c. 0.53 d. 0.56 e. 0.60 Answer: a -> Is this correct?