Recent content by TheZar

Ahh so with this trade i can play with the wings depending on what i want.....larger delta for directional bias and smaller for non directional?

If you don't mind a little more detail. What does have to do with it? What are you looking for when building the structure.

The move down in the last two weeks. So i was guessing higher IV in puts. But as you said, its just widths When i go 2:1 ratio of width, i get a very low delta. Is this trade supposed to be neutral? I guess in confused in what im trying to do exactly with the 232 132. As different widths offer...

Is this atm bull Put butterfly trading at a credit because the move down in SPX? Coming from the tastytrade side of things, to reading atticus, forgive me if i dont understand yet.

Which treasury contract are you actually trading? and which are are you just watching?