No I meant what I typed. Those would have been the correct orders to enter if I was entering the type of position I thought I was . I was trying to enter a short strangle. For that, you sell a put with a lower strike than the offsetting call with a higher strike .
Ok, well, whatever it was, I swapped 280 and 294 when entering the combo. It was just a short strangle, i dont know if it was inside or out i didnt look at that, i just know the commisions/cost was a lot less than the payoff, is there like some official bible of option terminology I should get?
Yes I see what you are saying. Thanks for the tips. Well, it wasnt a large loss, it was only a very small one.
Yeah, I know that, I didnt fucking mean to trade the guts. the point was to enter a short strangle, earn the premium now and wait for the fucking things to expire worthless. i wasnt paying attention to the fucking TWS interface properly
Ok, maybe I did lose money on that, but I did do some other stuff, a risk reversal.. I just know my account is at the point I started it . Should I post my order history if you want to have a good laugh?
That should have been a 280 PUT and a 294 CALL that I sold on aug 26th, my mistake was not making sure the call had the higher strike.. stupid, i know. im lucky it wasnt more costly
so the guts there is 6.88+5.24 which should normally be more than the width of the strikes which is 14 ? So if I intended to do that, it would have been dumb because its already below where it should be?
I don't understand how this fill occurred. It's bizarre. Inside (guts) on top, outside (natural) on bottom. 20.00 apart.