This one is a little more high-risk, but the risk is well defined. I moved the strikes out a little further, so the butterfly costs more but it gives you a much more wide profit range. Here's the risk profile: It's a bearish play but if you've got a long-delta portfolio it's a good hedge.
New AAPL trade idea: AAPL is up on the announcement that Steve Jobs is immortal. This looks like a good sell the news scenario, so here's a couple ideas. Sell -1 AAPL 95 Straddle 8.05. That puts your breakeven around 87 and 103 in a couple of weeks. This play is assuming that the stock
Content to come soon
I started to slowly build a position in DXO on Friday. It's up and doing well, and I'll add a bit more on a pullback. But looking at the chart... check out the volume- that's absurd. And it leads me to my next question: how much are prices of ultra and doubleshort etfs really affected
I've been looking around for potential stocks to use my High-Strike-LEAP-Straddle-Sale strategy. ADBE looks good. Check out the chart: The play is SELL -1 ADBE Jan 10 30 Straddle 14.00. Here's the risk profile on ToS: Delta: 18.45, Gamma -5.66, Theta 1.18, Vega -16.90 This puts your effective basis at expiration at 16, and it's
Yep, I'm still around. I'm working on a top-secret underground project, and the videos should be back hopefully on Monday. And to give you some satisfaction, here's a play: A whale came out in TXN and sold 2100 Jan 10 25 strangles at about 10.60. GREAT play for long term. you're profitable between 14 and