Fantastic thread. Learned a lot. Thanks all. Keep it up (including the bickering 
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Are there advantages to selling calls at several strike prices?
- Thread starter MathTeacher
- Start date
If you want to know the absolute truth, I sold my puts early. You stated with such confidence that they would expire worthless. It is my fault. I do not blame you. I was trying to cook eggs for my family at 6:35 AM and could not change my order in time.
You could have a little more humility.
I had to make breakfast for my children.
I sold my puts Thursday morning and got my money back.
I could have sold them later and made money.
I don't know what a 20D is.
To repeat: You could have a little more humility.
I sold my puts Thursday morning and got my money back.
I could have sold them later and made money.
I don't know what a 20D is.
To repeat: You could have a little more humility.
omg the drama! It's Dickensian! The puts traded ITM and I am at fault? lol fucking bill me.
You were long the synthetic 10/20 call spread. If none of that makes sense or matters to you then stop what you're doing. The puts were five bucks OTM after earnings so yeah, not a high probability scenario. You bought them as prot and then let them die.
You could have quoted XYZ 110P and the answer would have been the same.
You are also kind of rude.
Yes, on Friday they did expire worthless.
Path-dependency?
Just donate to the hubris fund