what type for strategy is best to use to profit on volatility?

Discussion in 'Options' started by jgold310, May 27, 2008.

  1. 180's?
     
    #41     May 29, 2008
  2. aryhaven

    aryhaven

    haha ... i'm sorry for typing wrongly.

    I'm talking about 580.
     
    #42     May 29, 2008
  3. Surely to god you mean 580 puts. If so you might try breaking it down into lots of 10 contracts to at least get some partial fills. If you are truly trying to trade 180 puts I am afraid you are going to be shit out of luck.
     
    #43     May 29, 2008
  4. Ok now that we have the correct strike, are you using a limit order and if so what price is the limit set to? If you are using a market order it should fill.
     
    #44     May 29, 2008
  5. Your 100 lot is not even showing up on the current market. Which exchange did you send it to? I assume you trade as customer. There is plenty of liquidity in at the money June in GOOG
     
    #45     May 29, 2008
  6. Yeah thats why I was asking what his limit price was. If it was placed correctly it should have filled pretty fast.
     
    #46     May 29, 2008
  7. Yeah, I'm having trouble selling these 10,000 GOOG 580P at the offer, any suggestions? Are these puts unlimited risk?
     
    #47     May 29, 2008
  8. take a fill atti !!!

    When did you cut back to 10k lots?
     
    #48     May 29, 2008
  9. Really? i always thought selling atm straddle is a play on theta if you believe the underlying wont move.

    What is the best combo then to make a play on theta if you believe the underlying will not move much by expiration?

    thanks
     
    #49     May 29, 2008
  10. Think of volatility as synthetic time and time as synthetic vol. Sure, today's premium will be cheaper tomorrow, all things being equal. A bet on theta is a short bet on stat vol, or the ability to ride it out.
     
    #50     May 29, 2008