NFLX earnings spread
- Thread starter heiasafari
- Start date
yeah and look at me i went so far out of the money its sitting right at my bought strike.. i have the 65/60 weekly ratio backspread.. at this point i might actually realized my max loss on a ratio.. speak of the devil... not that i'm superstitious haha i've watched stocks that have short sale restrictions on them.. they literally stop going down
just to let you guys know.. i had a weekly ratio backspread i just bought back at 4.10 i put it on at a credit of .20 thats really clost to a max loss for a ratio... first time ever.. not that i've put tons of them on.. but i said in this thread eariler its highly unlikely to realize the full loss.. and here i am.. haha Murphys law!
Looks like you two guys (atticus and cdcaveman) are on a different page. Terms like butterfly, strangle, straddle, one ratio, back spreads, etc can easily be misinterpreted. This is why it's important to specify exact trade with strikes and fills.
cdcaveman your "butterfly" could not have been entered as a $0.20 credit and bought back at $4.10. One post you call it a ratio back spread next post a butterfly. Without seeing the trade we can only guess what it was, was it a OTM credit spread, perhaps 2 or 3 strikes OTM?
cdcaveman your "butterfly" could not have been entered as a $0.20 credit and bought back at $4.10. One post you call it a ratio back spread next post a butterfly. Without seeing the trade we can only guess what it was, was it a OTM credit spread, perhaps 2 or 3 strikes OTM?
<<< Looks like you two guys (atticus and cdcaveman) are on a different page. Terms like butterfly, strangle, straddle, one ratio, back spreads, etc can easily be misinterpreted. This is why it's important to specify exact trade with strikes and fills. >>>
Thank you diaoptions.
I tend to skip over posts that lack the detail of exactly what was done. Particularly when it was shared only in hindsite vs real time.
I'm not talking about anyone in particular.
Just generalizing that when posters are willing to share their trades.... but NOT during the day it was actually traded, then you have to question the sincerity of the trade.
Obviously if someone is sharing a loss,.... that of course is an example of being honest.
Thank you diaoptions.
I tend to skip over posts that lack the detail of exactly what was done. Particularly when it was shared only in hindsite vs real time.
I'm not talking about anyone in particular.
Just generalizing that when posters are willing to share their trades.... but NOT during the day it was actually traded, then you have to question the sincerity of the trade.
Obviously if someone is sharing a loss,.... that of course is an example of being honest.
Quote from diaoptions:
Looks like you two guys (atticus and cdcaveman) are on a different page. Terms like butterfly, strangle, straddle, one ratio, back spreads, etc can easily be misinterpreted. This is why it's important to specify exact trade with strikes and fills.
cdcaveman your "butterfly" could not have been entered as a $0.20 credit and bought back at $4.10. One post you call it a ratio back spread next post a butterfly. Without seeing the trade we can only guess what it was, was it a OTM credit spread, perhaps 2 or 3 strikes OTM?
I post specific trades in r/t at marketable prices. I do so or I don't post the trade.
None of those positions (save for ratio) can be interpreted more than one way.