Stock repair strategy

[wxytrader]

Why is this so hard?

View attachment 345949

That's what my spreadsheet pnl looked like when you replied originally!

Wrong

So it works!

 

[poopy]

That's what I am stating. I wouldn't use the position solo. There is no direct synthetic here for the position as a whole.

It appeals to mor0ns as you're doubling gains (terminally) between the strikes and it makes you happy.

 

[taowave]

Lol!!!!!

That's what I am stating. I wouldn't use the position solo. There is no direct synthetic here for the position as a whole.

It appeals to mor0ns as you're doubling gains (terminally) between the strikes and it makes you happy.

 

[poopy]

That's what my spreadsheet pnl looked like when you replied originally!


View attachment 345950


So it works!

I hadn't read the thread. Literally just that one line.

I wrote "wrong" to wind you up.

 

[cesfx]

MARA 16.95
1000 shares @ 22.25
Total loss: 5300

Stock repair strategy
10 17C @ 2.18
20 20C @ .89
Total debit: -400

Results if price goes to 19.83 @ expiry:

10 calls = 19.83-17 =2.83 -2.18=.65*10*100=650
20 short calls = 1780
Stock increase = 19.83-16.95 =2.88 * 1000 = 2880

Total: 2880+1780+650=5310
Recovery complete!
View attachment 345856

But I am getting different results on option creator

It would add -400 dollars to the total if it expires under 17$ approx
And if it goes to let's say 15$, any repair would cost even more or earn peanuts (like in a CC).

Choosing strategies on the basis that you don't want to take any loss, can keep you stuck for months on positions.

 

[poopy]

It would add -400 dollars to the total if it expires under 17$ approx
And if it goes to let's say 15$, any repair would cost even more or earn peanuts (like in a CC).

Choosing strategies on the basis that you don't want to take any loss, can keep you stuck for months on positions.

Then WTF did you start a "repair" thread? You going to buy a put? Tao has outlined a strategy that improves on the share-performance to $20 (wing strike) and recovers your short put loss from 20 to inf.

 

[cesfx]

Then WTF did you start a "repair" thread? You going to buy a put? Tao has outlined a strategy that improves on the share-performance to $20 (wing strike) and recovers your short put loss from 20 to inf.

But I am not wxy, I didn't start anything.

WXY started it with the strategy, Taowave outlined the break even for him and so on.

 

[poopy]

But I am not wxy, I didn't start anything.

WXY started it with the strategy, Taowave outlined the break even for him and so on.

Apologies. Nobody else contributes to his threads. I'll look closer next time.

 

[taowave]

remove the X from you sig. To close to "Numnuts" sig.

But I am not wxy, I didn't start anything.

WXY started it with the strategy, Taowave outlined the break even for him and so on.

 

[wxytrader]

That's what I am stating. I wouldn't use the position solo. There is no direct synthetic here for the position as a whole.

It appeals to mor0ns as you're doubling gains (terminally) between the strikes and it makes you happy.

But I am not wxy, I didn't start anything.

WXY started it with the strategy, Taowave outlined the break even for him and so on.

Taowaves math was wrong.