Trading Options like Futures?

[El OchoCinco]

Quote from forex-forex:

Optioncoach ...... My post was made before the market opened on December 05 when the SPY was about $83.00. SPY is now at $90.00 5 days later.

Reaver:.....optioncoach misread my post and he replied 5 days too late, as usual.

I do not care if it was made before or after or whenever. You quoted ATM strike which you now admit was wrong because $85 strike was ITM. Therefore ATM was incorrect. No ATM strike would have been $8.50 on that day anyway at those vols or even 20 points higher. The error in your post was clear which was what I pointed out. If you are going to label yourself a guru and confuse ITM v. ATM then you should correct yourself.

 

[Reaver]

Quote from optioncoach:

If you are going to label yourself a guru and confuse ITM v. ATM then you should correct yourself.

I hear he's going into business with JJC soon.