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Nothing will displace Bitcoin from the top. It's like the.com.

Something wrong with Holiday Inn express? I believe they have a continental breakfast. :)

When are you guys going to clue in? This was a cup and handle formation, and like water has to expand when it freezes...a cup and handle must run its course. The rate hikes and cuts are just facilitating what the chart needs to do. If you want to get technical the cup and handle became a common...

Well I weathered that storm. :) Instead of closing for an 8-9k loss at one point I will be resuming the selling of calls on Monday as price should be around $20. My break even is currently 19.73. Even at these levels I can turn some calls for profits but I want to see what Monday brings...

Ok but what about the fact that the stock doesn't have extrinsic value at all, so if the price drops $2, the long call will not lose $2, and the short put will not lose $2....ohhhhhhhhhhhhhhhhhhhhhhhhhhhhh...wait...processing....the long call will lose <$2 because of extrinsic value, and the...

re-archive as I updated it with an example. :)

How can it equal shares ? If a stock moves $1 the options will only move the Delta, and will have extrinsic value before expiry. This is why you have to keep adjusting for delta neutrality.

No I'm not...on either! Look at the pnl profile. The maximum loss is the cost of the puts....after that the puts will offset the stock losses. The maximum gain is unlimited. That's exactly the same as a call option. I'm also not wrong about a long call option losing less value than a short...

What are the chances of the short wing of the butterfly getting exercised early if itm on the expiry date? Example the AUG23 MARA 18/17.50/17 PUT Price right now is $17.25

I think you're referring to ROMAD. I actually came up with this concept before I knew about it...I called it the Sharper method (from the Sharpe method) where I changed the capital allotted to the capital at risk based on 1SD. The idea being that for a shorter term trade it doesn't really...

Haven't I erased all doubt from TA doubters? :) If you doubt TA then you are doing it wrong. Case in point. I entered this trade on Aug16 and nailed it...had I not p'd out yesterday I would be collecting $600 this morning...D got into my head about modality because (me thinks) he wanted me to...

Yeah but this is just about an order ticket that makes no sense and over complicates things. Think or swim is the most popular trading platform out there especially for option strategies so follow their lead. Yes pick a target at the body or as D did after poaching my TA :) where he traded for...

So its even worse lol...by coincidence it just happened to be the same as the bid price. Are you the developer or something??? Its a 10/20/10 butterfly created using their own strategy builder. Why would I want to buy 10 lots of 1/2/1 flies? So if I do 100 I have to do 100 lots of 1/2/1 instead...

You aren't allowing for inflation...back in the 80s interest rates hit 22.75% but the average mortgage was probably less than 100k...yes it was a strain on people but 22.75% now would create a zombie apocalypse. So if you want to compare rates then you must normalize cost of living. If the...

(IBKR Desktop) The price that matters is the -0.42...no idea what the 3.9 bid, 5.0 ask has to do with... On the order ticket there is no mention of the -0.42 price of the butterfly, and the qty and bid/ask make no sense. How any developer can look at this and go, "yep, that looks good", is...

Eureka! If the price goes up then the long stock is acting like a call option....and if the price goes down the long put stops the losses at the cost of the put...ie the same as the call option would stop losses at the cost of the call! But this isn't an equitable relationship right? Both...

$0.09 $0.31 $0.40 $0.13 $0.000 $0.005 $0.026 $0.017 If my pnl chart is correct, you opened the position for a .13 credit AND you closed it for a .017 credit? lol So your net was about .147?

Hard to borrow and RFR?