Yes, arrogant, stupid people who forget their training if they have any don't know what they're talking about. That is indeed the case. I will be 100% correct with regard to what will happen to this "trade."
Hank, I would not want to sell Mar at 75 cents, even if I were wildly bullish on the broad market. I am bullish and there are many preferable bull spreads here. FWIW, your spread is long the market and I take your "nuke" comment to mean you're intent was bearish index/long SDS. This diagonal is not bullish SDS/bearish SPX.
If bwolinsky were on the otherside of the trade, I would put even money on a half eaten donuts and a cup of cold coffee
Are you using Reg T margin? Because if you are that short March call has a big margin requirement right now; the shorter duration long call does not count as a hedge for margin purposes. Are you taking that into account in your return calculation?
Ummm... did I ever specify for either party where their errors were? We obviously now know the typo error by hank-- BWego within his response clearly showed he is not at all qualified to be judging an option trade... So in answer to your Q-- yes still ROFLMAO...