I probably donât understand most of the posts here. OTM calls should always be higher than OTM puts ( even if skew is not exists and IR=0 ) due to higher strike nominal , no ?
VIX closed at 19â¦only 2% ( the LOWEST percentile !) of ppl that participated in this poll got it rightâ¦Long live the ET crowd ( the contrarians) !
J/Kâ¦SPX RV is printing 15 now and OTM skew is flattening, so I guess we are going even lower from here if last weeks action continues.
Dmo , I understand , just messing with yaâ¦I personally always using spot + options for particular , retail related reasons ( exit related). Plus , what one does with non-shortable stock in AH when adj needed for straddles ?
Well , when one party ( me in this case) want to challenge a statement (equivalency) , he controls scenarios/what ifs ( in this case : price action). In my wild imagination, stock tanked first and than recovered. Noticed that we are talking about LEAPS .
Would of you choose just buying 1k (no...
1. A will be OUT of the trade ; B must hold till exp. A is AHEAD by cost of carry
2. If you change your answer to â buy 1k shares and excersise â than I will make price go back to strike where A have 20 calls and B only 10
Oh yesâ¦four separate legs , each one with âexp , but put âem together and assign a mysterious name such a ICON CONDOR ( yeah baby !)â¦and voilaâ¦we have an income strategy.
Average opening gaps (not filling the â¦) are extremely important to me ( gamma scalping). I check all kind of moving averages ( Hi-Lo , Hi-Close â¦) too before taking new position.