Is this a good diagonal spread trade?

[earth_imperator]

Can you tell/analyze whether the following "Put Diagonal Bear Spread" is a good trade or a bad trade? :

Spot=0.54
ShortPut: DTE=44  K=1.50 Pr=1.22
LongPut:  DTE=100 K=6.00 Pr=5.70

 

[ffs1001]

Can you tell/analyze whether the following "Put Diagonal Bear Spread" is a good trade or a bad trade? :

Spot=0.54
ShortPut: DTE=44  K=1.50 Pr=1.22
LongPut:  DTE=100 K=6.00 Pr=5.70

Yes.

No.

Maybe.

 

[earth_imperator]

Yes.

No.

Maybe.

Why yes?
Why no?
Why maybe?

 

[earth_imperator]

Maybe I just've found the Holy Grail with this option strategy...
Correction: it was my scanner, not me

 

[BlueWaterSailor]

Yes.

No.

Maybe.

Best.

Answer.

Period.

 

[earth_imperator]

Elite Idiots at ET

 

[taowave]

Ive unblocked you for sheer entertainment value..

Use your noodle..Where's your sweet spot 44 days from now..What's a really bad scenario ??

Whats your edge,and why that diagnol??

Elite Idiots at ET

 

[Sekiyo]

Elite Idiots at ET

I don't trade option but I believe you can't tell if it's a good trade or not based on what you've just provided. Especially since there is no Greeks.

Question Idiot begets Elite Idiots ?

 

[BlueWaterSailor]

Ive unblocked you for sheer entertainment value

That's hilarious - I did the same thing for the same reason.

It's only temporary, mind you... I suppose it's similar to the fascination some people have with watching horrific car wrecks.

 

[BlueWaterSailor]

Elite Idiots at ET

Which, if true, would be significantly higher up the scale than ignorant idiots with no claim to being elite.

Good day for humiliating self-owns, I guess...