My new positions were in: BA MSTR RIOT I hope all of you recognize that it's a new day with this new Administration. AI BitCoin Chips DATA Centers Power for the DATA Centers Nuclear It's a new day: Imagine you're on the entrance ramp on the the Z way, top down, radio on, Sun shining...
It's not a model. Synthetics are dissection. The PNL should be equivalent so wrong answer. An understanding of synthetics tells you the why (in case of this thread) we're quoting the put against the call leg. You can solve for x. It allows you to cover a position with a liquid synthetic equivalent. You're uninformed hence infinite gamma and what you've written here.
Well I don't have all the details. It was only until yesterday that I found out about the strikes and expirations of his options so of course I have no clue. LOL The only thing that I can see that Arnie has lost is the $2.25 dividends which Arnie would've lost once such a DITM short is done and that is not something that anybody can foresee before November 14 which was the declaration date for the November 2024 dividend. I don't know when Arie did the debit spread or for how much. From the way I see it, Arnie should be breaking even if Arnie exercises the long calls. So I don't know where is "Arnie is getting hammered" coming from. You are gonna have to show me. LOL Like I said, we approach trading differently and analyze things differently but don't accuse me of shit about things that I didn't have details for. This is an open public forum and I was just putting in my thoughts like everyone else. That's it and that's all and nothing else. Thanks for the "teaching", always appreciate it. Good information to have but I do just fine in my trading without them, honestly LOL
Perzactly. You guys don't know my cost basis. You don't know the inital costs/premiums. You don't know how long I've been rolling them out and/or up.. You guys don't know Jack. Unless you know my cost basis... I can't imagine offering an opinion without knowing the cost basis. Now, I was 2 for 3 on the NFL yesteday, my Packers looked stout. I took the Raiders +13.5 today.