Quote from qqqoptions:
When your entire fly is OTM that's a mistake, and I corrected you both times. I'm sure you understand them better now and I will be looking forward to your next effort.
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Quote from qqqoptions:
When your entire fly is OTM that's a mistake, and I corrected you both times. I'm sure you understand them better now and I will be looking forward to your next effort.
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Quote from babutime:
05-09-12 05:53 PM
For example, I have some CSCO 16/17/18 put flies because I was betting CSCO would fall after earnings and guess what Fred Flintstone, it did.
Make that three times, see below.Quote from qqqoptions:
When your entire fly is OTM that's a mistake, and I corrected you both times. I'm sure you understand them better now and I will be looking forward to your next effort
Quote from babutime:
Is that so? I guess that's why I'm gonna net pretty handsomely on my CSCO options tomorrow?

Quote from qqqoptions:
CSCO 18/17/16. It's a good idea to use the standard format. Like I said "don't give up, it will sink in".
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Quote from atticus:
Nobody uses a descending notation to describe the position in strikes. It's fcuking retarded and backwards. It's 16/17/18 or 16-18 whether it's a P, C, or iron fly. They're all equivalent, so wtf would it being a put make a difference?
"Standard format"? Really, numbnuts? You have your handbook with you?

Quote from qqqoptions:
Atticus ........... To save me some time looking through your posts could you please post a link to any PUT trades you have done that required more than one leg and expired the same day. Go back a minimum of one week to years.
It all comes down to reading the trades from left to right, starting from the UL's price.
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