GOOG Oct strangle on the 18th, close the 19th.

Quote from Emilio_Lizardo:

Not based on this trade I hope!

I have been looking for a perfect fade ever since BullzNBearz left the board.

I just sold the 550-700 strangle for $2.48.
We'll see.

Its about 1.50 bid on my screens you're a magician LOL
 
Quote from xflat2186:

Its about 1.50 bid on my screens you're a magician LOL
I guess I'm the magician then! Check out the attached gif.

I sold it somewhat before I posted. The one contract strangle was motivated by f-f's post.

And I have a used Toyota for him, if he can no longer afford the H2.
 

Attachments

Quote from xflat2186:

not sure what that .gif proves?
You can check the price and timestamps against time and sales. Executed on the BOX. C'mon, who else is going to do a one contract strangle?
 
Quote from xflat2186:

not sure what that .gif proves? Should I make one with a higher price?

Good one on the toyota!

Not sure either - but the prices are legitimate enough. Great prices, but we get 'em now and again. I believe it on a one contract per side short straddle.

Hey -- way to make 200+
 
Quote from xflat2186:

okay if you say so, looks like it will be a winner
Looks like the Emilio_Lizardo 550-700 strangle for $2.48 is a winner - so far - but one bad trade could screw you big time. Good trade though, I don't think GOOG will trade outside that range on Friday.
 
Quote from forex-forex:

Looks like the Emilio_Lizardo 550-700 strangle for $2.48 is a winner - so far - but one bad trade could screw you big time. Good trade though, I don't think GOOG will trade outside that range on Friday.

forex^2 , you should stop trading options. Seriously , take a break for a while.
 
Quote from forex-forex:

one bad trade could screw you big time.
You're right, that seventh moment risk can kill you short vanilla strangles! That's why I did only one contract.

Watch out for the "H2 buy indicator." Look what happened to Electric Savant, as soon as he said he was buying a Hummer, he too fell off the cliff. Now he has all of his and Mrs. Savant's net worth ($10k) tied up with a fly-by-night unregistered forex/hyip CTA. This could happen to you if you're not careful.
 
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