Recent content by skvaith

Yes cost of doing this business. I am hoping for a "Hail Mary". I have five days. Anything could happen. Will let everybody know what happened next week.

My Losses are fixed and at the moment I am paying the max loss. My initial question was what adjustments will an option expert do here? I am planning to keep this wait until next friday morning to do my move. Hence the question. This forum has been very helpful so far. I should come here often.

None Taken. But I have not used that term. I am not an expert and I am learning. Yes. I am trading Iron condors and this might be my first messy adjustment. Are you saying that there is no way out....I don't mind the loss and am prepared for it. But what would an expert do....

What does Stopped out means? I have been following this for about 2 years and never heard this Term.

My positions expire next week. I do have a loss at the moment. But is there any way to bring it down.

A stock moving 45 % is unusual. How to best correct it. Yes I have learnt my lesson and I will think hard next time. But what can I do to get out of this trade. IF a miracle happens and the stock goes up on Monday, that is a gift..

I entered a LINKEDIN IRON CONDOR position expiring second week of Feb (FEB2 2016). LNKD was trading around 190ish and my strategy had a 90 % profit potential. Strikes for the condor position(150-155-225-230). This morning lnkd open at 112 and closed around 108. I have a loss of about 400$ per...