Idiots w/o any clue, please keep out of this discussion as this here aims to find some results by studying hard... I'm interested in solutions, not your eternal hate shit, you idiot morons! You can join the others, if you so desire...
STFU you idiot.. If you need a computer program to figure out the max profit on a fly,you need to find a new hobby Its options 101 Dont lose your day job
Bye, bye you POS! I indeed need a computer program, b/c I need to code this into an options scanner, you brainless idi!
Code: test_LongPutButterfly_formulas: fC=0 S=10.0000 DTE=60.00 IV=80.0000 rPct=0.00 qPct=0.00 L1(K=9.00 Pr=0.7873 Q=1.00 Sum=-0.7873) S(K=10.00 Pr=1.2883 Q=2.00 Sum=2.5767) L2(K=12.00 Pr=2.6327 Q=1.00 Sum=-2.6327) NetPr=-0.8433 MaxProfit=1.1567 MinProfit_1=0.1567 MinProfit_2=-0.8433 BEP_1=0.0000 BEP_2=11.1567
Code: test_LongButterfly_formulas: Put S=10.0000 DTE=7.00 Lx_IV=300.0000 S_IV=ATMIV=250.0000 rPct=0.00 qPct=0.00 L1(K=5.00 Pr=0.0571(IV=300.00) Q=1.00 Sum=-0.0571) S(K=10.00 Pr=1.3743(IV=250.00) Q=2.00 Sum=2.7486) L2(K=15.00 Pr=5.4377(IV=300.00) Q=1.00 Sum=-5.4377) L1_abs_K_diff=5.0000 L2_abs_K_diff=5.0000 icmp=0 NetPr=-2.7462 MaxPL=2.2538 MinPL1=-2.7462 MinPL2=-2.7462 BEP1=7.7462(-22.5385%) BEP2=12.2538(22.5385%) MA: CB=-2.7462 MinPLpct1=-100.00 MinPLpct2=-100.00 S.K.PLpct=82.07(w=82.07 m=1251.54) CA: CB=-22.7462 MinPLpct1=-12.07 MinPLpct2=-12.07 S.K.PLpct=9.91(w=9.91 m=50.76) https://optioncreator.com/stl6bwo It's all relative In a MarginAcct (MA) one can make much more profit than in a CashAcct. (CA), but the risk is 100%, whereas the risk in the CA for the same trade and same absolute return is only 12.07% (but amounting to the same absolute risk value like in MarginAcct).... For this strategy, MarginAcct still looks much better than CashAcct (cf. the "m" value for monthly%...) Hmm. is this analysis correct?... (yep, just checked again and it indeed seems to be right) The studying continues...