Stock repair strategy

That's what my spreadsheet pnl looked like when you replied originally!

So it works!

 

That's what I am stating. I wouldn't use the position solo. There is no direct synthetic here for the position as a whole.

It appeals to mor0ns as you're doubling gains (terminally) between the strikes and it makes you happy.

 

Lol!!!!!

 

I hadn't read the thread. Literally just that one line.

I wrote "wrong" to wind you up.

 

It would add -400 dollars to the total if it expires under 17$ approx
And if it goes to let's say 15$, any repair would cost even more or earn peanuts (like in a CC).

Choosing strategies on the basis that you don't want to take any loss, can keep you stuck for months on positions.

 

Then WTF did you start a "repair" thread? You going to buy a put? Tao has outlined a strategy that improves on the share-performance to $20 (wing strike) and recovers your short put loss from 20 to inf.

 

But I am not wxy, I didn't start anything.

WXY started it with the strategy, Taowave outlined the break even for him and so on.

 

Apologies. Nobody else contributes to his threads. I'll look closer next time.

 

remove the X from you sig. To close to "Numnuts" sig.

 

Taowaves math was wrong.