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  1. J

    Atlanta Traders

    rossmedia, tried to send you a private email, but it's blocked. Please provide more details. I live in North Fulton. JavaBen
  2. J

    RNVS - volatility

    momoneythansens, your answer about the synthetic was what I was seeking - sorry it was worded poorly. Yes, I was aware the strikes were different, but the risk graphs were the most identical, unless I made a mistake - not unheard of :confused: Robert56, thanks for the suggestion. I'll...
  3. J

    RNVS - volatility

    With RNVS currently trading around 14.75.. Using TOS for risk analysis for condors, comparing a condor built using calls vs puts: Nov call 12/15/17.5/20, the TOS midpoint is around .45 debit. Approx profit would be $200, vs a max loss of $45. It appears like a simular risk graph is...
  4. J

    RNVS - volatility

    Eliot, I'm not very knowledgable, but I will certainly research your suggestion!
  5. J

    RNVS - volatility

    jj90, when you said Market's pricing in a ~$9 move. , how did you determine this value? I don't know how to do that.
  6. J

    RNVS - volatility

    jj90 - thanks for the response! Was aware of the upcoming conference call 10/26, but not the nov drug info, so thanks for that too! Had originally thought of a straddle, since the high IV certainly implied a large amount of uncertainty and potential move, but then felt like the high IV...
  7. J

    RNVS - volatility

    Sorry - should have stated this; thanks for asking. I'm assuming the IV will fall, and the stock will stay near to where it is currently trading. So, if I'm really asking, if I assume the stock is going to trade in a fairly narrow range until the Nov expiration, and the IV as high, then...
  8. J

    RNVS - volatility

    If I assume the volatilty on RNVS will fall after 10/26, and I can't follow watch my trades all day (I'm not a full time trader), then would an appropriate trade to for this be to enter a butterfly?
  9. J

    Trading Gaps with High Delta

    I've recently been doing some trades with earnings or news gaps, seeking out strikes with .75 or higher delta. It appears that I'm getting the option without paying much for the theta, and gamma is about gone; looks like vega is low too. Anyone have any experience trading this approach?
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