Recent content by NeuromanceR

Thanks. Did you get this pdf through email?

Got a link to this memo?

To call these low risk.....is madness.

LOL @ 30 year olds still living with their moms!

Options Oracle @ http://samoasky.com

Sure, if you're only trading a few contracts and always have plenty of extra cash, then no problemo...you can roll out to the next month. Remember, your longs don't have to be too far away from your shorts. And another advantage of diagonals is that you can neutralise vega. Yes...

The Jan puts were worth more than the Febs?! Not sure what happened there....did you contact your broker about this? So you want to be able to buy insurance from your broker to protect your capital in case of an assignment? There's no need for that. Just trade vertical or diagonals...

I don't see an attachment.

Yep. Calendar spreads are NOT suitable for under-capitalised, leverage junkies!

I forgot to mention that this is assuming that there is no extra money in your trading account. Let's work with an example: Position is an "OTM call calendar debit spread" with strikes of $43. Stock price is $40. Months are March for the longs, Feb for the shorts. Let's say the...

What you have there is actually a "diagonal spread". So with your combo of deep ITM + ATM/OTM options, any price moves towards your short strikes won't hurt you. I'm sure a market maker would be willing to buy your longs off you....if you offer a low enough price. My problem with...

You could try a vertical ratio spread.

Indeed. The good times are back, people!

You forget to mention......Mr Nick Leeson.

Very profitable...this inside job...was!