Recent content by Mattheweaston

Awesome feedback this is mostly hypothetical right now as I haven't even begun to crunch the numbers to whether the risk to reward is worth it, ( still trying to establish all the risks and if they can be mitigated) Looking at spy right now you you can buy a call with .99 delta for 7.76...

This is how I see a profitable scenario Underlying at 100 Call at 90, premium 12$ Stop loss at 11.75$ Put at 110, premium 12$ stop loss at 11.75$ Price gradually moves one way say to to 101 and the put stop loss get triggered losing .25 Sell call at 13 for a gain of 1$ Total gain of .75...

took a quick look at the put-call parity and correct me if I misunderstood the concept but the basic definition is one gain creates an equivalent loss, if a stop loss was in place on both sides ( assuming it did its job) would that not eliminate the the put call parity? the strangle would need...

Hey guys, pretty new to options but was curious if this is a legitimate strategy? What if I bought a long deep in the money call and put kinda like a straddle, with a trailing stop loss? the hope being the stop loss kicks in when the underlying takes its direction getting rid of the loss...