Recent content by Br1828

70 contracts

I get the risk associated with options. The trade I had on was a calendar that was just ITM. I didn't try to short a call as a synthetic to borrowing the hard to borrow stock. My risk with the spread was defined as I had the long back month of the same strike. I could have exercised that to...

I opened a large position of a calendar call spread that was fairly DITM for BYND. The position was opened on July 30. I was concerned that I would be assigned on the short call for the calendar. I called IB several times after market was closed to see if I was assigned. The representative told...

I second this. Dest is a rare breed. If you understand what he is saying, it is invaluable. Ive been trading for over 20 years. Options for over 10. Been mainly trading calendar straddle. It was Dest that pointed out that you can double up either call/putt calendar ATM resulting in same...

No I didn't. I just ran the numbers. You are absolutely right. :) Are you suggesting that I should buy either 2 lot of either the put or call calendar with more of a directional bias?

Has anyone tried a calendar straddle week before earnings and closing the position right before earnings? I've been trying to exploit the IV jump as well as the theta decay of the front month. I know gamma risk can be a problem. I've had some success in doing this. Just wondering if anyone has...