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You can buy it back to close the trade at anytime. :)

$1000 is plenty for long OTM option trades of about $200 each. Read: Options Trades For Capital Growth :)

Any nudity involved? :)

Why wait until April, why not start NOW? :)

It's just a simple OTM CREDIT SPREAD - nothing more, nothing less. If your friend is familiar with Options 101 he will be able to figure it out. :)

RE: From 1k to 500k (Deadline: 2017) This can only be remotely achieved through equity options - not ES futures. :)

One solution is to use notepad or some other text editor to make an "ET template" with your basic post including all the BB code. Edit the ET template Select, Copy Paste into ET The above takes seconds to post once the template is finished. And your posts will have a consistent look. :)

Re: Buy long expiry options, use short expiry delta? How about posting a real example with current quotes? It would be easier to visualize the trade with an example instead of trying to decipher a few paragraphs describing it. :)

Yes Martinghoul aka Captain Obvious that is correct. Prices go up ...... prices go down. That's what volatility is. :)

Why not? Buy High & Sell Higher is better than Sell High & Buy Higher. :)

IMO ....... Iron Condors are a tad better than a Credit Spread simply because you double the credit. But you now have two maximum loss points instead of one. Buyer's Remorse :)

Big Check Scam Someone pays for your service or buys something from you and "mistakenly" gives you a check for a much larger amount. No problem - just deposit the check and wire them the difference. ========================================================== Friendly Strangers The...

These are not live trades they are just trade ideas. Below is a quote from oldnemesis in another thread stating that they are nothing more than trade ideas. How oldnemesis's trade ideas will do during live trading is still yet to be determined - his next step is paper trading. Below is the...

Take it to Chit Chat or Politics & Religion . This is forum is for questions, comments, or expertise related to Options Trading. :)

:)

Samuel11 is an ET sockpuppet. Below is my definition of a sockpuppet from your Detecting Sockpuppets thread. Link to: Detecting Sockpuppets :)

I would start with buying one 1-strike OTM call contract that expires within a month. :)

What is a mis-priced option? What is a fair-priced option? Can those terms be defined in anyway? :)

Should have indicated it was the Toronto Stock Exchange in the OP, the US and Canadian are two totally different option markets. The volume and open interest must be very low on those options. :)

This what happens to people who fade my trades. :)