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  1. U

    Selling naked puts question

    I trade a lot of DITM put spreads. For the short side I also look at open interest. I like to see at least 1,000 open interest and at least .40 ex value or more. Once open interest falls below 500 and ex value is .20 or less, look forward to an early exercise. Joe.
  2. U

    Option Smart does it again....

    LMAO. I almost spit my coffee out. Buyer beware. Joe.
  3. U

    Myth of (exponential) time decay?

    Is this a case of semantics? If I count down from 10 to 1, is that linear or exponential? Joe.
  4. U

    [ASK] Credit Spread with ITM on sell option

    Please correct me if I am wrong but this is my understanding of what you wrote. It appears to me that you were bullish on PVH when you bought the 60 calls. But now you have converted that into a bear call spread to "cover" your "loss". My concern is, did you really change your outlook on PVH...
  5. U

    Selling ATM Straddles

    "Therefore, in the long run, theoretically, constantly selling straddles, with no adjustments, you will end up even." Minus commissions and spreads. Joe.
  6. U

    Selling ATM Straddles

    While the OP asked about the probability, I do believe he was referring to the expected return which is theoritically the same. Joe.
  7. U

    Bull Put Spreads - Controlled Risk/Return

    Did you mean $1.35 credit? Using a probability calculator, there is a 90% chance that the stock price will touch $17.50 and only a 50% chance that it will close above $17.50. Do you have a plan for what to do if that happens? This appears to be very risky to me unless you have a very good...
  8. U

    So I Finally Try A Diagonal...

    Don't forget to add the cash in lieu of .2024 fractional share of KFT Joe.
  9. U

    Non-standard option

    Thank you. I assume that these can be looked up on the CBOE for the new terms.
  10. U

    Non-standard option

    What does it mean when an option is designated as non-standard?
  11. U

    American vs European Exercise

    I have been reading about the difference between American and European exercise but I am not clear on the risk. What is the risk of doing a debit calendar spread on the OEX because it has an American exercise? Thank you.
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