How is this strategy possibly sustainable?

[wxytrader]

At what underlying price at expiration? At same initial S also at expiration?
Hmm. can't believe.
Can you give a proof of your claim? By posting the PnL chart or data.

Selling a call spread ATM will out perform buying a put spread ATM about 4:1 as far a probability of profit.

 

[destriero]

Selling a call spread ATM will out perform buying a put spread ATM about 4:1 as far a probability of profit.

lol

 

[taowave]

Oh boy......

You are confused..

Buy one vs sell the other..

Not buy vs buy

The 90/110 bear call spread will outperform the 90/110 bear put spread 4:1

 

[destriero]

Oh boy......

You are confused..

Buy one vs sell the other..

Not buy vs buy

This convo is just surreal. Unbelievable.

 

[Quanto]

Selling a call spread ATM will out perform buying a put spread ATM about 4:1 as far a probability of profit.

Man, you are so illogical!
B/c if that (your claim) were true, then why don't you simply play both? Since pWin would be 0.75...

 

[wxytrader]

Man, you are so illogical!
B/c if that (your claim) were true, then why don't you simply play both? Since pWin would be 0.75...

Cuz you're still directional you just doubling your risk.. and then you might as well just double up on the short call

 

[destriero]

Cuz you're still directional you just doubling your risk.. and then you might as well just double up on the short call

Just buy puts and calls at cab/teenies and follow with five-wide verts at a nickel. 100x your risk.

 

[destriero]

Just buy puts and calls at cab/teenies and follow with five-wide verts at a nickel. 100x your risk.

OK so say that spot = 100 and the weekly 70/75 put spread is nickel to buy. Which earns more? The nickel ps or the short 70/75 cs at 4.95? You're either trolling or thick and you've posed this same moronic argument in the past.

 

[destriero]

wxyx, which would you choose if the next trade in shares was either 10 points higher or lower (random)?

And why?

 

[wxytrader]

wxyx, which would you choose if the next trade in shares was either 10 points higher or lower (random)?

And why?

View attachment 330364

Looking at the chart I'm selling an ATM call spread if being aggressive versus any long put spread. This is just by eyeballing it. Anyway look at the range for 1 SD and tell me which side of the trade you'd want to be on , or chart the BE on buying a put or put spread to see the likelihood you'd be paying into Christmas charity for the big boys.