Opposite you....

[destriero]

52.88 mid.

 

[VixTraderdf]

52.88 mid.

i like this trade. the greeks are very favorable. do you see HV low compared to IV in the timeframe of this trade? and is this the type of skew you like to see when you put these on? when do you see getting out of this? whats your target, vol wise or price wise, timeframe?

 

[VixTraderdf]

Im in this.. 51.40

 

[destriero]

i like this trade. the greeks are very favorable. do you see HV low compared to IV in the timeframe of this trade? and is this the type of skew you like to see when you put these on? when do you see getting out of this? whats your target, vol wise or price wise, timeframe?

No, just for the holiday-trade.

I see it's back to 51.40.

 

[VixTraderdf]

So for weekend theta decay or what? Taking it off on tuesday?

 

[destriero]

So for weekend theta decay or what? Taking it off on tuesday?

It will depend on price. I won't be a holder under 98 on shares.

 

[VixTraderdf]

Gotcha.

 

[sandp500trader]

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.

If your trades are really complicated, then maybe this won't work out. It'll be too hard to keep track of.

 

[beerntrading]

If your trades are really complicated, then maybe this won't work out. It'll be too hard to keep track of.

I'll keep straight long options and either build in, or roll...but I can keep a running tally for us. My point is that if you're not neutralizing the delta on the back side of that position, the odds are out of your favor.

 

[destriero]

I'll keep straight long options and either build in, or roll...but I can keep a running tally for us. My point is that if you're not neutralizing the delta on the back side of that position, the odds are out of your favor.

Back side. Ahh yes. You should really stick to checkers.