Trajan's options journal

Quote from optionsplayer:

hey Trajan....would appreciate yours and anyone else who cares to provide candid feedback. Since you have risk in the near term and Collen's announcement coming up, etc.

What if you legged into a spread by longing a March 12.50 call and shorting a Feb 12.50 call for a debit of .35ish or so. This would be a split difference leg in, meaning you may have to be on the ask for one but as the stock moves up or down you could sell the near term call on the ask, thus coming in at .35ish or so. The actual spread if you bought the long call on the ask and shorted the near term call on the bid is .40-.45
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It seems kind of expensive. An earlier post had me bidding an equivalent .30 for it on Friday. By Itself, it would be better farther away from the strike if you expect volatility. If this moves tommorrow up .50, the spread will be worth less. Feb calls have higher delta than the march. I don't think it's worth more than the .30.

Do you guys have Feb and March trading the same IVs right now?
 
there is a little diffrence. OK, esignal had about the same.

Your not gonna belive this but I may buy some march 17s for .10
 
Ok, I need something to limited my isk to the upside to be able to sell calls. The only thing is I can't designate the exchange.
 
yeah, did you sell em to me?

And you know I'm a pussy, I only sold twenty of those feb 12 s at .60 when it sold down into 90s, ended up selling the other 12 at .55 on the bid.
 
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