E EliteThink Dec 6, 2002 #11 Quote from vlad79: As a rule i let my options to be expired (that's why i sell stranggles and straddles) But if position moves against me i just close it at breakeven level or take small loss. More... Nice, for a straddle one of the legs would most likely be in the money at expiration. How would you shut it down from there?
Quote from vlad79: As a rule i let my options to be expired (that's why i sell stranggles and straddles) But if position moves against me i just close it at breakeven level or take small loss. More... Nice, for a straddle one of the legs would most likely be in the money at expiration. How would you shut it down from there?
V vlad79 Dec 9, 2002 #12 I don't let my options went ITM. I take a stop loss equal given premiums for sold options +10% of this amount
I don't let my options went ITM. I take a stop loss equal given premiums for sold options +10% of this amount
S Sashe Dec 9, 2002 #13 and you're short some 900 ES calls? These games only good till the first big "oops"
