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You realize you are basically just naked long one out of the money contract with exposure to the downside of 2 contracts. So if the stock rips up you will make money cause you are long one extra unit. If the stock stays her you will lose money because you are short theta and if the stock...

Hi guys, I wish I would of found this forum earlier. It has a ton of resources and lots of educated people. I am looking for a trading position in Chicago. I was working at a prop firm for about 2 years trading options. It is time to branch out a learn from a more established firm. The firm...