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There's a reason I've blocked that Ho. You're now seeing part of that reason. :D

So your strategy is something like this, then: 16 Sep 22/55d Put spread: +3750P/-3700P ($10 debit) Short put: -3425P ($20 credit) That takes roughly $8k in buying power and gives you a max profit of $6k - with a max loss of $336.5k. The most likely outcome (i.e., if the price at expiration is...

Come on now; you've seen his amazing table. You already KNOW what it's going to do.

:D Yah. WRONG forum for "no screaming". Maybe try Disney's Junior Channel or something.

Nah. Anyone taking the OP's "advice" (which doesn't actually advise or inform) would end up a lot closer to my description than yours. Here's an equivalent table for futures trading, just so you and other futz folks don't feel left out: UI5H: Uranus in 5th House AGSL: Aquarium Goldfish Swims...

You didn't use his Amazing, World-Changing Table - so you win nothing. In fact, you'll have to return all the premium you've collected... don't make us send Jules and Vincent after you.

If this was a skiing group... You: "Hey, all - I've discovered a new way to ski! Just tie a rope around your neck, swallow some broken glass and razor blades, and jump off the nearest cliff - it's lots of fun, and a great shortcut for those who are just learning!!!" Other people: "I'd suggest...

So it all adds up to "things could change in several ways." Seriously? :rolleyes: There's no "learning aid" here - because it offers no plan of action, draws no conclusions, answers no questions, and gives no useful information. Not for nothin'... it reminds me of a kid's crayon drawing of the...

OK, let's say the stock rose and the IV did as well (extremely unlikely, as I've mentioned above.) What will you do, and why? What point would there be to reacting to daily fluctuations? Are you treating them as a predictor of where the price/premium is supposed to end up? I've written a lot of...

Um... no. The underlying also has an IV - it's usually referred to as "IV rank", and it is not the same thing as HV. There's also IV% - also calculated for the entire underlying, and not the strike.

Does "IV" here refer to that of the underlying, or of the sold strike? Spot/IV are usually inversely correlated, so case 2 and case 11 don't make any sense. Also, the entire price path from entry to exit is what matters - not some second-by-second change. If the latter is all that interests...

:rolleyes::rolleyes::rolleyes: WTF are you, 12? And a seriously retarded 12 at that? Even little children get tired of that Sponge Bob shit after a while - right about when they get interested in something more sophisticated, like making mud pies. If that's what you've got, then you need to...

Heh. Well, if you're not letting the idiots suck the energy out of you, then I'll stop worrying about you. Carry on!

Oh, dude! That's a hill I'll die on. LC is the man. As the French say, à chacun son goût - no point arguing about tastes - but Cohen's and Dylan's stuff is best either from them or from someone who can really do honor to the song. Anything else just... ugh. Not for me.

ON - don't feed the trolls, my man. You're a good guy, and don't need to waste your energy on them.

Bruh. If you're going to do that shit, do it RIGHT, please. That was nasty.

There's no "maybe" about it. Pick up a phone, call a broker, and have them explain it to you... although Zoom would probably work better for showing the bright crayons. Tip: if your mommy and daddy are willing to pay for somebody to pop your cherry, that might get you started on winding down...

You could - even if the vol wasn't lower. The problem isn't vol so much as range - which means you'll now pay 20x the fees for a given P&L. I haven't been trading verticals in it - ratios and flies, for the most part - but the principle is the same. E.g., a $50-wide 1/2/1 fly in AMZN...

High IV = high VRP (the variable risk premium that MMs add to the spread), so that's not exactly a benefit. As far as volume, just for comparison - GUSH barely does 1M/day, and has an O/I of well under 100 at the strikes you want; SPY did 64M+ in volume and has something like 50-100k O/I at...

Perhaps you should recheck your calculations. The value of a call can't be higher than the value of its underlying; it will appreciate more slowly than the underlying until it reaches 100D - which already puts it behind the 8-ball - and also carries the cost that you've paid for it initially (a...