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  1. R

    SPY Dividend Plays

    ediiiitt. Big edit Everywhere I wrote itm put i meant itm call. Obviously. Like FSU said. I understand why you were confused . Robert Morse , sorry .
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    SPY Dividend Plays

    And my position will be hedged with the stock. Is the dividend arbitrage, exactly as FSU explained. I thought that all the market makers did it. It is a good idea if you have low comissions. It is posible to earn the dividend for free if your puts are not assigned the day before the ex dividend...
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    SPY Dividend Plays

    Yes it is he same .I said to sell an itm put and buy stock. FSU would exercise his call today, that is the same as buying the stock today.
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    SPY Dividend Plays

    Hi @FSU It is also possible to do this dividend play today by selling the itm put and buying SPY. But the margin required by IB is high, almost 2,000 for a single 250 put combo. Much more than the margin required for openning what you proposed. In the IB dividend schedule says that is going to...
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    invest in european options only ?

    So, that invalidates to sell boxes. Is very dangerous. If you are assigned from your itm short puts your new position will be totally unhedged, a lot of risk to the upside. IB is requiring almost 0 margin to sell a box in OEX but would have to be a lot more. At the moment you are assigned...
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    invest in european options only ?

    wow , didnt know that. but what is the underlying when a short put is early assigned ? thanks.
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    Theta is NOT the P/L of an option

    Sometimes is good to review what one thinks he knows. I am doing this in relation to option prices. Will read Taleb. Is the value of an option the cost of hedging that position ? The probabilities that are embedded in the option prices are risk neutral probabilities. The risk neutral...
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    The BYND fee rate

    Hi Thanks @FSU . I could close almost all my positions yesterday. I see that my broker have about 35,000 shares available to sell short, right now. And tonight some short calls have been assigned again, so I have some short position. And today the fee rate is 381 % . I am definitely going to...
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    The BYND fee rate

    I have received an IB notification that if I don't close my BYND short stock positions they will probably close it at the opening of the next trading. that notification was sent via bulletin only 1 hour and a half before the close , today , so they didn't give me so much time to close almost 80...
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    The BYND fee rate

    The broker, IB, hasn't communicated with me. I am short a little less than 10,000 shares. However, in the Risk navigator tool, there is a little warning that says that the SEC rule 201 has been triggered . It says that short selling will be restricted from JUN 11 15:30 I really don't know...
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    The BYND fee rate

    Ops yes, you are right. I 've got a lapsus here because I usually get assigned from the puts. This time , with BYND is the first time I have been assigned from my short irm calls. I am short a lot of BYND right now because of that.
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    The BYND fee rate

    It is easy to short the stock, sell itm puts and you are going to be exercised due to the the high interest rate. Shorting the stock with a synthetic it is not optimal in this case. The extrinsic value in the put that you are buying will be much more than the extrinsic value of the call that...
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    The BYND fee rate

    Hi The BYND fee rate has gone from 30 % to 168% in a few weeks. How high could it go ? It is affecting my options positions. It is a broker matter , or who decides that ? What is the reason or the logic for this increase ? Also the rebate rate is -165 % so it seems that the lender doesn't...
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    Managing Deltas / Hedging Frequency

    Yes , oops, sorry, I mean 1 % . But in fact I really almost never reach this limit.
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    Managing Deltas / Hedging Frequency

    Hi @Magic I have almost no experience in hedging and mantaining a position delta neutral. But now I have a position that I don't remember why I initiated it, and that will need to be hedged. So I have thought a little about the possibilities. Your questions seem very interesting to me. Yes it...
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    Fine Strategy

    The graph I posted is an approximation. I don't know what is your stock. I could do it with real numbers if you say the stock. Yes, far otm puts give you more leverage if you are right about the movement. But that is because they are less probable to end itm. The quid is to find the equilibrium...
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    Fine Strategy

    Hi One question is if you pretend to hold the position until the second expiration. Then you could lose the maximum for the bfly, and also the maximum for the long put. This is 1,000 instead of 800 , a 25 % more. But effectively the postion seen as a whole looks better with this atm bfly . But...
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    SPX and SPY data. Options.

    Thanks ZBZB . I suppose you mean www.ivolatility.com @Felix168, what I want is to know the market price of some SPY and SPX options in different moments of time. I think it's better a real quote than a theoretical one. Thank you.
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    SPX and SPY data. Options.

    Hi I want to get some options data, but I know nothing about this kind of stuff. I am going to explain what I am looking for and maybe someone can tell me what is the best way to get this. Only SPX and SPY options. I would like to have the price of a particular strike for SPX and SPY options...
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    Earnings journal

    Looking forward to see your guys trades on this earnings season. Someone of you ended the past earning season with good results ? I ask this because if you didn't, it is better for us newbies not to try it.
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