Recent content by moolah

So for Put side, i got it back to front? If underlying price go up by $1, the option price reduce by the delta stated?

Correct me if i'm wrong. For the Call side, if delta is 0.2, if the underlying price increases by $1, the option price increases by 0.2 (20 cents). If the underlying price decreases by $1, the option price decrease by 0.2 (20 cents) On the Put side, delta always have a minus sign. Assuming...

If spread for CALL is A and spread for PUT is B, Credit is C, to calculate max risk, is it (A x no. of lots) + (B x No. of lots) - C ? if incorrect, can you give me a computation example? How does days to expiry factor into all this?

How do you calculate max risk on an iron condor trade? Lets say my CALL spread is $2 and my PUT spread is $2. My credit is $3. Trading 1 lot

My understanding of Delta is the on the CALL side, if the delta is 0.40, for every $1.00 move up in underlying price the option price will go up by 0.40. What happens if the underlying moves down by $1.00, will the option price also move down accorindingly by 0.40? Also, for the PUT side...

I bought a call at 895, wouldn't that reduce the money i would have to spend when when my 890 call becomes ITM? This is of course assuming TSLA goes past 895.

I repaired the non-broken side, i.e. the PUT side. Rational was if i were to repair the broken side, i would run a loss. I do know there are traders who repair the broken side. Would that be a better repair alternative?

I enter a Iron condor trade on TSLA expiring 5 June 2020. Call side is 890 and 895 Put side is 730 and 725 unfortunatly, the market against and went past 890. I then bought back the Put side and my new Put side is 855 and 850. If the market stays above 890, what happens?

How does one calculate the rate of return % in iron condor and spreads?

If weekly options is suppose to be weekly, why do i see weekly option that expire more then 10 days away? Some are even 37 days away