No way to lose money trading in options

[PoopyDeek]

You're better off doing this in the 10Y. And no, it's not profitable. I would think there is still an edge in shorting the combo into NFP.

 

[nooby_mcnoob]

OP said long put and call.

Oops

 

[daniel5198]

You should change the thread title to "New way to lose money trading in options"

 

[ironchef]

You're better off doing this in the 10Y. And no, it's not profitable. I would think there is still an edge in shorting the combo into NFP.

What is NFP?

 

[daniel5198]

What is NFP?

NonFarmPayroll

 

[zdave83]

Please let me know if my trading strategy is viable. I am only trading straddles (long put and call at the same time) on employment number days. I believe the delta of the options delta (for puts and calls) is the profit of the straddle and there is no way to lose money in long run.

Please let me know the upsides and downsides of my trading strategy. Is it viable to continue trading this way?

What do your backtest results tell you ?

 

[ironchef]

What do your backtest results tell you ?

He already told you :

No way to lose money trading in options

 

[taowave]

Where on earth did you come up with "the delta of the straddle is the profit of the straddle" ??

So,for an ATM straddle,with a near zero delta,the profit is zero? Sounds about right




(

Please let me know if my trading strategy is viable. I am only trading straddles (long put and call at the same time) on employment number days. I believe the delta of the options delta (for puts and calls) is the profit of the straddle and there is no way to lose money in long run.

Please let me know the upsides and downsides of my trading strategy. Is it viable to continue trading this way?