Search results

It's always amusing to observe how you project your inadequacies onto others. Xflat with an X was just informing readers of the truth about you. As I've told you many times, no one cares if you post your trades whether they be real or internet fodder. It's your option ignorance and...

Yep, in the strict definition of BS, you're absolutely correct. Theta is a derivative and in order to have a different theta, the BS inputs must be different. Ergo, if the theta is different, the answer to the OP's question will be diffferent, eg. a shortcut number for the amount of price move...

Try an option book for beginners. Look at and compare the pretty risk/reward graphs for each strategy. And for the really daring, read the book.

If the theta is different, the amount of the move needed will be different, You can verify this for yourself by just using that no-brainer trivial BS formula :)

The correct answer is, "It depends" which can also be translated into "There's no short cut." How much of a move OTM will be necessary to halve the premium will depend on the IV (not change in IV but how high when initiated), the time remaining until expiration and yes, volatility skew, if...

I woulda been a lot more impressed if he could sh*t wooden nickels :)

You need to go straddle a good option book :) Hey! Nice spread!

LOL. 100% true but I bet that someone asks you why you're talking about naked puts and calendar spreads when all the guy did was a covered call :)

One other thing. How did you get an add't premium of $700 for this roll? Are you tallying the total for a more than 1 lot position (Dec is approx $3 higher than Jul now).

I'm not sure I follow. Same strike calls will offer a higher premium for a later month so the loss is covered plus some extra time premium. Am I missing something?

The delta of the Jul and Dec 84 calls aren't significantly different this far out so if DIA dropped in the next few days, you would not fare any better with the Dec 84's. You would only fare better on the option side if DIA kept dropping and breached 84 (more downside protection) but that would...

You thought out the position and your adjustment (adding the spread) gave you some add'l premium in return for partially capping the upside. If that's acceptable to you then all is good. The only thing that I would disagree with is buying LEAPs for hedging the downside. IMHO, medium term...

I always enjoy how posters show you to be the option ignorant fool that you are and then you dismiss them and come right back for more. But you know, you're not quite yourself today. How about a good rant? Ya know, the things others call diatribbles? I know atticus likes the BETA white...

>> In terms of evaluating "probability of profit", I think one should also consider the downside tech support CB has demonstrated in the $35 area,... per the 1 year chart below. You need to go back 5 years to see the last time CB tested the $35 area. << Well Jim with a J, CB traded in the...

Oops, sorry about that you enquiring ET participants :) Here's the text and the link to the vote Putzy requested and shamefully lost: Feeble Monkey Brains replies 14-Nov-07 07:48 pm Monkey brains, what are you still doing here? You posted that you are leaving this board...

Putzy, you've done a great job having Yahoo delete the 100's of loser trades and absurd comments that you posted over the past few years. But you forgot about the responses to your posts. They're still out there, attesting to your lies and misinformation. Here's one regarding your request...

That's the best you can do? A meek little denial that you would never have suggested any such vote? You're letting us down. We've come to expect grandiose replies about persecution, multiple handles, people resenting your (losing) trades, posters encouraging others to attack you, etc. That...

You're not alone. John Sarkett wrote a review of Saliba, Corona and Johnson's "Option Strategies For Directionless Markets" for the May issue of SFO magazine which was a good issue since it was entirely devoted to options. He expressed his chagrin that there was only a brief discussion of...

She's just a poor factory worker trying to make a living with options. :)

I recall when several years ago when you asked participants on the Yahoo Option BB to vote whether you or I was the one disrupting the boards, suggesting that the one who got the most votes should leave. I was totally in agreement with that concept. So the vote comes in at about 50 to 2...