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  1. OTM-Options

    I know nothing about Spreads, how did this YUM Trade make money?

    I don't sell credit spreads. I don't buy debit spreads. I only buy OTM options on stocks I expect to move enough to make the options payoff. I have watch list of about 10 stocks I follow, listed in my profile. :)
  2. OTM-Options

    I know nothing about Spreads, how did this YUM Trade make money?

    So what? The OP was asking about the trade in the screenshot. :)
  3. OTM-Options

    Yahoo expiring options chains being deleted to early :(

    With Yahoo Finance you can click on a strike and get more info: You can't with Google Finance and the Nasdaq site is painfully slow. :)
  4. OTM-Options

    Yahoo expiring options chains being deleted to early :(

    Unbelievable ......... 3 days to expiry and Yahoo has deleted the October 09 option chains. :eek: :)
  5. OTM-Options

    Getting short Volatility

    No .............. You are at the mercy of the underlying. "Big" moves on the underlying trumps "high priced" options. :)
  6. OTM-Options

    I know nothing about Spreads, how did this YUM Trade make money?

    Study the time stamp, price paid and compare it to the bid/ask. There are two debit spreads. :)
  7. OTM-Options

    I know nothing about Spreads, how did this YUM Trade make money?

    No .... Both trades are directional Debit Spreads. The long legs were roughly ATM, short legs OTM - payoff will be huge. EDIT: The short legs did cap the profit though - without them the payoff would have been much higher (assuming YUM trades at $70.00). :)
  8. OTM-Options

    Did Anyone Guess YUM Would Blow Up? Its down $20 points now!

    I don't think so. Their main holdings are fast food joints, people have to eat so they must be going elsewhere. YUM holdings. The ones in bold are the only names I recognize. Banh Shop East Dawning KFC Little Sheep Pizza Hut Super Chix Taco Bell WingStreet :)
  9. OTM-Options

    Did Anyone Guess YUM Would Blow Up? Its down $20 points now!

    My BMO account doesn't and I don't care. 9:30AM to 4:00PM EST is plenty of trading time. How do you "churn" YUM in AH? Everything was normal until about 4:13PM EST then a big drop almost instantly, then relatively flat. :)
  10. OTM-Options

    How would you bid for the FIZZ April $30 Calls? They will not fill!

    Yes ...... I'm from Vancouver and Clearly Canadian was big 15 years ago - and then they were gone as fast as they came. They had a very novel idea - clear drinks for all flavors. I didn't follow the stock though. :)
  11. OTM-Options

    Mitigate Risk - iron condor

    Long OTM weekly options is like a rocket in flight. :)
  12. OTM-Options

    How would you bid for the FIZZ April $30 Calls? They will not fill!

    The bid/ask on the options is irrelevant - what is important is the underlying. Where do you see FIZZ trading in April: $20.00? $30.00? $40.00? $50.00? $60.00? Now how does the ask look to you? $4.90 could be a bargain. :)
  13. OTM-Options

    SPY Option Trade Ideas

    Maximum 1 month out. $5.00 between the strikes. Same expiry date. Minimum credit $1.00. Puts only. I haven't checked the quotes so I don't know how much OTM that would be. :)
  14. OTM-Options

    How would you bid for the FIZZ April $30 Calls? They will not fill!

    You either want them or you don't - If you want them the ask should not be a barrier. :)
  15. OTM-Options

    Dow, S&P close up more than 1%, post biggest reversal in 4 years

    The ET Hindsight Analysts are silent - they just need more data. They will be coming out of the woodwork after the market closes and give you some opinions on today's market action. :)
  16. OTM-Options

    Interesting website

    The novelty has worn off. :)
  17. OTM-Options

    Why Is The Obvious Not So Obvious?

    IMO ......... Nothing wrong with a new ET handle. As long as he has retired the other ET handles and doesn't use them again. :)
  18. OTM-Options

    Interesting website

    Shanghai hasn't lit up, I'm going to assume it's a holiday over there. IMO ...... They need a different color to indicate a holiday. :)
  19. OTM-Options

    Interesting website

    They don't appear to show the 1 1/2 hour lunch break for the Shanghai market. There should be some sort of gap indicating it. :)
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