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  1. OTM-Options

    A way to unprotect Excel Workbooks

    The perfect option formula. Enter a stock and it will output the option to buy for a 10x trade, xandman had been working on it for a few years and his efforts have finally paid off. :)
  2. OTM-Options

    Why are there links to where people live?

    Is this one of the places you could be found? hughb :)
  3. OTM-Options

    Feeling really sorry for myself today

    You were not the only one to bail out too early. Volume doubled the day before the big spike from the previous day - lots of people sensed something was up. March 18 Volume: 202,881 March 19 Volume: 573,101 March 20 Volume: 6,630,243 :)
  4. OTM-Options

    Inflation hedge for an operating company

    There are pitfalls of hedging to lock in a fixed price over a period of time. What if costs drop over the 7 years, will your customer expect a lower price also? A few years ago a natural gas company in my area was trying to compete with the major gas company (BC Hydro) by buying natural gas...
  5. OTM-Options

    Figure itm

    Forget about the greeks, you are just adding unnecessary noise. It's all about market sentiment towards a stock. Which stock? Which options are you trading, expiry, strike? :)
  6. OTM-Options

    Simple Question

    I would go with the OTM options, they provided more bang for your buck. The ITM options could be twice as expensive and still go to zero. :)
  7. OTM-Options

    How best to hedge US dollar exposure

    Keep your account in US Dollars. Withdraw funds in CAD. :)
  8. OTM-Options

    Which option strategy to use with the following setup ?

    You just posted a 3x trade. At the time of your post (12:16 PM EST) the SPY was trading at $207.17. SPY closed at $210.42 today. 207.00 SPY March 20 Calls closed at $3.61. 207.50 SPY March 20 Calls closed at $3.10. :)
  9. OTM-Options

    Which option strategy to use with the following setup ?

    I assume you mean selling the options to collect the premium. "purchasing premium" is an oxymoron. No I would not sell short ITM options. The idea behind selling options is to hope they expire worthless so you can keep the premium, so you sell only ATM or OTM options. Also ITM options could...
  10. OTM-Options

    Which option strategy to use with the following setup ?

    Bullish = Long ATM or OTM Calls (Avoid Debit Spreads). Bearish = Long ATM or OTM Puts (Avoid Debit Spreads). Neutral/Bullish = OTM Put Credit Spread. Neutral/Bearish = OTM Call Credit Spread. Neutral = OTM Put Credit Spread and OTM Call Credit Spread (Iron Condor). Neutral = Butterfly (with...
  11. OTM-Options

    Option historical testing

    The position gets overrun when the underlying makes an unexpected move. Options are priced so that it doesn't take much for your position to be a winner or loser based on how the underlying moves. It's all about the underlying. :)
  12. OTM-Options

    Option historical testing

    Back testing has very (if any) limited use. Show me historical data for stock option strategies from 100-500 stocks over a 1-5 year run and I will show you F*CKING NOISE. Option positions have the same characteristics, in most cases they are VERY CLOSE to being a winner or loser. That's the...
  13. OTM-Options

    What is the most statistically predictable Option strategy?

    xandman ........ You are being bamboozled by AT99, he has you taking the hook, line and sinker. AT99 isn't new to ET and his posts are 100% BS. :)
  14. OTM-Options

    Why are there links to where people live?

    My guess he entered the Google maps GPS coordinates in his profile: :)
  15. OTM-Options

    Buying back short leg

    Garbage in, garbage out If you are serious about an answer to your question you have to give some basic info such as: Stock Option strikes Option expiry Date of entry Cost basis at entry You only provided #2. :)
  16. OTM-Options

    Trading biased earning straddles

    I assume you are referring to a butterfly: Long 1, Short 2, Long 1 If so there is no alternative. If you want to sell options and collect a juice premium due to earnings the only way to protect yourself from a bigger than anticipated move is to buy the wings. :)
  17. OTM-Options

    Why XIU options are not trading at all on the TSX today

    Canadian options & good volume is an oxymoron. Canadian options never have good volume. :)
  18. OTM-Options

    Need help formulating an equation in excel

    You don't have to scroll the spreadsheet at all. Let the spreadsheet's sum function do the work for you and use a bit of critical and analytical thinking while you look at the results. :)
  19. OTM-Options

    Need help formulating an equation in excel

    There is nothing complicated about checking the P/L and determining whether to withdraw money or not. :)
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