You won't believe what shaet I'm currently trading! QBTS :-)

[Quanto]

You won't believe what shaet I'm currently trading! QBTS But longterm.
I think I caught some good prices, maybe were just some temporal mispricings.
Ie. I fugged the MM

 

[Robert Morse]

The stock is at the low of the day, how did you get a good price?

You won't believe what shaet I'm currently trading! QBTS But longterm.
I think I caught some good prices, maybe were just some temporal mispricings.
Ie. I fugged the MM

 

[maxinger]

You won't believe what shaet I'm currently trading! QBTS But longterm.
I think I caught some good prices, maybe were just some temporal mispricings.
Ie. I fugged the MM

You are in deeeep filthy sheat of shaet

You don't even know whether you Longed or Shorted it

 

[Quanto]

You won't believe what shaet I'm currently trading! QBTS But longterm.
I think I caught some good prices, maybe were just some temporal mispricings.
Ie. I fugged the MM

My: QBTS S=0.826 : CC 2025-01-17(DTE=371) K=1 Pr=0.36
--> CB=ND=0.4660 S0_PL=0.36 (77.25% m=4.80%) BEP=0.4660(-43.58%)
Ie. makes me 4.80% every month, totalling 77.25% at expiration in a year.
Calcs based on Sx = S at expiry, and CashAcct, not MarginAcct.
Of course result is lower if Sx < S.
And result is better if Sx > S, then MaxPL=0.5340(114.59% m=6.46%) for all Sx >= K.
BEP is OK, IMO.

Abbrev:
CC: CoveredCall
CB: CostBase
ND: NetDebit
S0_PL: PL @ Sx=S
BEP: BreakEvenPoint, ie. Sx

It's this trade with its PnL chart: https://optioncreator.com/st4r3nz

 

[Robert Morse]

I'm not following all your short cuts for describing what option you bought. There are no Jan 17 calls in 2024 and the lowest strike is $0.50.

My: CC 2024-01-17 K=1 Pr=0.36 S=0.826

 

[Quanto]

I'm not following all your short cuts for describing what option you bought. There are no Jan 17 calls in 2024 and the lowest strike is $0.50.

fixed typo: 2025 was meant, and CC=CoveredCall

 

[Quanto]

View attachment 331593
You are in deeeep filthy sheat of shaet

You don't even know whether you Longed or Shorted it

Real sheet, yes

 

[Overnight]

My: QBTS S=0.826 : CC 2025-01-17(DTE=371) K=1 Pr=0.36
--> CB=ND=0.4660 S0_PL=0.36 (77.25% m=4.80%) BEP=0.4660(-43.58%)
Ie. makes me 4.80% every month, totalling 77.25% at expiration in a year.
Calcs based on Sx = S at expiry, and CashAcct, not MarginAcct.
Of course result is lower if Sx < S.
And result is better if Sx > S, then MaxPL=0.5340(114.59% m=6.46%) for all Sx >= K.
BEP is OK, IMO.

Abbrev:
CC: CoveredCall
CB: CostBase
ND: NetDebit
S0_PL: PL @ Sx=S
BEP: BreakEvenPoint, ie. Sx

It's this trade with its PnL chart: https://optioncreator.com/st4r3nz
View attachment 331606

I thought stocks listed on the NAZ were American-style. Why does your simulation thingy say European-style?

 

[Quanto]

I thought NAZ stock options were American-style. Why does your simulation thingy say European-style?

B/c it doesn't matter for these calcs.

 

[Quanto]

The stock price would explode if this famous QuantumComputer company D-Wave (QBTS) gets bought by another firm, ie. acquisition/takeover.