Opposite you....

[Lee-]

Sure, we're starting on Monday. So just post a before the fact trade. Options are bit tricky, just make sure the trade could actually get filled at the price. Sometimes the spread can be pretty big.

Don't worry about a fill. My orders will be resting (hidden) at the limit prices I post on the exchange I post. Please route there (also as a hidden order at the limit price) so that we can be counter parties (just don't cross streams)!

I was going to post a trade in an illiquid underlying such that if you were my counter party it would have guaranteed me a profit and you a loss, but I'm not actually going to do that.

I do think it'd be amusing for the gurus to do this, but there's ways for them to prove their trading performance and yet they don't do it. That they don't is evidence enough for me that they're full of shit, so I don't expect any takers.

Good luck with your experiment!

 

[destriero]

AMZN Sep7 1950/2000/2100 231 spread in puts from 51.80 (51.40 mid). 3D per contract. I'm buying (the synth). You're selling 51.80.

Edit: typo (2200 was incorrect)

 

[sandp500trader]

I haven't done options in a long time, so I'll just trust you guys to update and be fair. Again, if we're talking a big spread, and pretend fills, that's not fair. But like I say, I'll just trust you to give the updates. Thanks for playing.

 

[speedo]

Not be a good idea to go opposite of des on an option play with real money.

 

[rocketman987]

who are you his ball polisher at the bowling alley?

 

[destriero]

I haven't done options in a long time, so I'll just trust you guys to update and be fair. Again, if we're talking a big spread, and pretend fills, that's not fair. But like I say, I'll just trust you to give the updates. Thanks for playing.

You can price the thing. It's nearly 1% (edge loss to me) off mid and marketable--therefore shorting 51.80 is marketable. I don't see the problem unless you're actually shorting the spread, which you're not.

 

[speedo]

who are you his ball polisher at the bowling alley?

You like to piss in the wind...go for it,

 

[sandp500trader]

Not be a good idea to go opposite of des on an option play with real money.

That's fine. It would be great if he consistently won. That would be awesome. This thread has the potential of becoming very educational without all the BS from fake gurus. I hope he does great.

 

[beerntrading]

I haven't done options in a long time, so I'll just trust you guys to update and be fair. Again, if we're talking a big spread, and pretend fills, that's not fair. But like I say, I'll just trust you to give the updates. Thanks for playing.

You'd have to be delta hedging for it to be a fair fight when I'm sticking you with the short side of the trade.

 

[destriero]

You'd have to be delta hedging for it to be a fair fight when I'm sticking you with the short side of the trade.

WTF are you blabbering about? I never hedge these... ever.