Recent content by ltrade2015

Ok thanks lx! Looks like I have some work to do!!!

Ok thanks Bob! I'm aware of the premium spreads set by the market makers, but I didn't think it was relevant in my example. I have a lot to learn:(. Thank you for your help!!!

Sorry IronChef. I wasn't clear. I'm only paper money now. My "all in" comment was in reference to my drive, enthusiasm, and hunger. But you are absolutely right, I have a lot to learn. Thanks for your insight!!!

Say I have taken the following positions: 1 Long XYZ 155call @ $3 1 Short XYZ 165call @ $3 I understand that with the long position, I have theoretical unlimited profits and with the short I have unlimited losses to $0 price. It is also my understanding that the the long call can act as a...