Destriero - Butterfly Trades

[ironchef]

Scarramucci declined attending, I wonder why?

Fair weather friend?

I am a lifelong Republican yet I am impressed with Biden the comeback kid. Still remember back in the dead of winter he was campaigning in Iowa and few attended his rally and reporters said he was old and stale. I remember he was way back in the polls, as always in his career, an underdog, and the vicious attacked from Harris in the debates. Yet he selected her as VP instead of many other qualified minorities showing character and courage. Here he is, after half a century, never quit and finally made it to the top. Only in America.

 

[.sigma]

Yet he selected her as VP

Its amazing to me that people actually think Biden selected Harris, or Trump selected Pence, Obama selected Biden etc etc..

You really think these guys are choosing who gets to run with them? Rhetorical question, but not really...?

 

[ironchef]

Its amazing to me that people actually think Biden selected Harris, or Trump selected Pence, Obama selected Biden etc etc..

You really think these guys are choosing who gets to run with them? Rhetorical question, but not really...?

Peace.

OK so he didn't select her, someone else did. Still his persistence and perseverance after half a century is admirable. I would have given up a long time ago.

America is a tale of two cities. Hope he can bridge the grand canyon gap between the two, for America's and the world's sake.

You are one of the good guys on ET. Keep up the good work.

 

[ironchef]

@.sigma let's get back on topic:

Is there a "can't lose" butterfly setUp: The wings are always above zero, in theory?

@BeautifulStranger had this set up with positive left wing but negative right:

 

[Sampas]

@.sigma let's get back on topic:

Is there a "can't lose" butterfly the wings are always above zero, in theory?

View attachment 249576

Absolutely :

 

[newwurldmn]

I thought Trump's farewell party would be less crowded, easier to get a seat, so I looked into that.

They said no peasants allowed, so no luck there.

you are lying. If you called them, I’m sure they would have given you a pass plus ask you to invite five of your friends.

 

[ffs1001]

Is there a "can't lose" butterfly setUp: The wings are always above zero, in theory?

Only if you leg in. Theoretical example, say a stock falls from 100 to 90, and you believe it go back up again, and you sell a 100-90 put credit spread for 7. Then the stock shoots back to 100, and now you sell a 100-110 call credit spread for 4. You now have a 1-2-1 iron fly (90/100/110) for which you've received a credit of 11 and the wing width is 10, hence guaranteed profit of 1.

 

[ironchef]

you are lying. If you called them, I’m sure they would have given you a pass plus ask you to invite five of your friends.

Tongue in cheek, I talked to my local Republican friends "in high places". I do feel bad for the man. Like him or not he made some good calls as President. Too bad he is such a sore loser and so divisive to the bitter end.

 

[ironchef]

Absolutely :

Very funny, for someone living on the Moon.

Welcome. Hope you get as much out of ET as I.

 

[newwurldmn]

Tongue in cheek, I talked to my local Republican friends "in high places". I do feel bad for the man. Like him or not he made some good calls as President. Too bad he is such a sore loser and so divisive to the bitter end.

no one is absolutely wrong about everything.

I don’t feel bad for him. If you are an asshole, expect to be treated like an asshole. He hurt so many people with his malice and spite.