Mo: I chose PUT on the down side and CALLS on the upside simply to go after the OTM options for a better fill. I have heard of the double Butterfly but I do not want to trade it that way. My goal is to harvest BABIES given the way the SPX moves around. I do not think I would open both at the same time since I would like to try it with my own analytical bias like I did here with the PUT FLY. I will read those links to see if there is any insight I can get to play this. Thanks for the links.
Well I am a real bastard in a sense. First I make the FLY Prego and then sell off the babies for profit. Sounds like an episode of Law & Order: SVU.
Hey Mo: I could swear there was a post from you at the end of last year saying that you were taking a break from the group and wouldn't barrage us with your posts. Couldn't stay away could you. Well at least your posts seem to be getting shorter. How's your Google position going?
You're right. Once again, I assumed that no one was paying attention. Point is, I have searched high and low and there are no other forums or threads that have decent regular content. Didn't get any suggestions last time so if you would like me to go, now's your chance to tell me where! As for my GOOG position, to re-iterate: GOOGLE SUCKS That's all I'm saying on the matter LOL.
Hey, Coach: Is your wife pregnant or are you guys trying to get pregnant. Inquiring minds want to know if this is affecting your trading style.
True lol! Funny thing is that in teh beginning I never was a big fan of the butterfly. My co-author LOVES LOVES butterflies and always talks about them. But these past few months I am finding more interesting ways to use them from my discussions with people so I am testing them with small butterfly nets lol.