My SuperCollar construct

[newwurldmn]

This dude is a cartoon. He did it in the other thread as well.

Waiting for my fairputs to show infinite gamma.

 

[destriero]

Waiting for my fairputs to show infinite gamma.

I'm not waiting. I am 200-bid on those 7s.

 

[Quanto]

Folks, just watch & witness how some blocked scum is spamming my thread with off-topic nonsense...

 

[Quanto]

Imagine how much profit one could have made with RPHM who with IVs > 400 (!) last week fell gigantic by 83% !
See also this news about this epic fall & failing of the mgmt of the company:
https://finance.yahoo.com/news/reneo-rphm-plummets-83-failure-151900765.html
"
Reneo (RPHM) Plummets 83% on Failure of Metabolic Disorder Study
...
"

 

[Quanto]

Wait, so it's a 2x short put (one of which is synthetic) and 3x long put. AKA, 2x3 ratio spread. What do you think is so magical about it?

Its PnL diagram, what else!
And that it does not require a MarginAcct.
And: LP.Q is not fix, it 'finally' is usually >= 3, I have even 25 , just depends on own desire of the PnL chart...

Just show me where this construct was used before.
I at least gave it a name: "Super Collar"

I just looked up about ratio spread, and must say my construct is different from such ratio spreads.
S.a. the reasoning above regarding LP.Q.

And see what Investopedia (the above link) says about ratio spreads:

in a ratio spread, there can be two or more times as many short positions as long positions.

This is definitely not the case in my construct.
In my construct LongPut.Q always > Short.Q, ie. exactly the opposite.
Similar statement like the above one can also be found in the wikipedia article https://en.wikipedia.org/wiki/Ratio_spread
So, my construct is definitely different/unique. Q.E.D.

 

[destriero]

Dude, stop. You're in a fantasy position at 200 vol buys and selling 300-line. It's stupid even for ET.

 

[Quanto]

@destriero, who is blocked by me, said

Dude, stop. You're in a fantasy position at 200 vol buys and selling 300-line. It's stupid even for ET.

Stop spamming the discussion with your usual stupidity.
The 200 vs 300 is just a "metaphor" for cheaper buying of the "remaining LPs".
Read the above posting subtitled "Hot Tip" on how to do it correctly.

DTEs are the same in that optioncreator tool b/c it does not handle well different DTEs.
In reality the DTEs of the LPs are different, except of the 1st LP which is same like the rest (reason see above link).
But this is irrelevant since we want to hodl the shaet till expiration...

 

[zdreg]

@destriero, who is blocked by me, said

"if you can't take the heat stay out of the kitchen."

 

[cesfx]

Quanto... You live in a METAphor reality.
You "just" looked up ratio?

 

[Quanto]

Quanto... You live in a METAphor reality.
You "just" looked up ratio?

So, what's wrong when I lookup the details of a strategy among the hundreds of such options strategies?
Do you have all details of any strategy in your head? Of course not.
So, your posting is almost off-topic. And I'm blocking everybody who posts off-topic and so wastes my time... Just a kind warning.