Recent content by serrow

didnt mention it above, but the option i was referring to were for QQQQ I do too think that rolling up and out would be the best option, but what if I'm not ahead of it. what technically takes place in the account. If I'm long options, and they deliver them short... what happens with my...

I was hoping to see if any of you could shine some light on a topic I cannot seem to get my mind around. I'm reading into using DITM leaps as a surrogate to stock ownership and writting near term ATM calls against it. My question comes with the scenarios of what happens at expiration...

I really like the way that DEEP ITM puts and calls behave when they are close to expiration. Love the idea of buying something so closely matching the underlying with so little time value to lose. My question comes when keeping a neutral delta between puts and calls. any profit making...