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So the pro is that this dude in the UK uses EW. what is the point of this thread?

Bot.

You're a skeptic but arguing for its use in your first post and now asking if they are both FOS? Yes, yes he was.

how are you buying calls on margin?

You're offering him as an authority. If not, then why mention his name?

This is his fund's site. A site built with weebly. He doesn't report performance. Anywhere. http://www.emergentasset.com/ His agricultural concern had zero revs, 100K in assets at its peak, and was dissolved over five years ago...

14/16/16.5 121 put fly.

lol.

It's going to lose more than its 3 cent debit?

It's up 15 cents here (on marks). Things would go easier if you were at least borderline functional. Entered at a 12 cent credit.

Who?

Fly is trading at a two cent debit.

How do we delete @overcast?

Literally zero Americans travel to the UK for neurosurgical oncology.

https://www.elitetrader.com/et/threads/u-s-housing-market-to-see-the-second-biggest-home-price-decline-since-the-great-depression.370108/#post-5689990

Your math sucks. SPX is up 5% since your opening post on this thread and BA is up <2.5%. You underperformed by 50% and you're blowing yourself. Excelsior.

Torquemada says "hold my beer". Crusades -> Saint-Gilles, Robert of Flanders. Conrad III, Louis VII. Augustus, Barbarossa, King Richard beheaded 2K prisoners of war.

You bought the top again. Four points higher in Qs. Good call.

forget it.

The Aug23 14/16/16.5 fly is trading at a 0.12 credit (as puts). It's good to 15.38.