|
PureBytes Links
Trading Reference Links
|
Dear Ira,
Thanks for setting the tone for the New Year. Good succinct post with
info that will never cause anyone to lose very much...and possibly
gain.
Sincerely,
John
------------------ Reply Separator --------------------
Originally From: "ira" <mr.ira@xxxxxxxxxxxxx>
Subject: Re: [RT] Zero Premium Vertical Diagonal Puts
Date: 01/01/2003 09:30am
There are literally hundreds of option strategies that work under
different
circumstances. The thing to remember is that options are directional
instruments that I feel were meant to be traded, not held to
expiration.
There is delta neutral trading, gamma neutral trading and there are
those
that trade horizontal, diagonal and vertical butterflies and
condors. There
are those that trade out of the money ratio time spreads that work.
Some
buy the spreads and others sell the spreads depending upon the
situation.
There is no one right way, there are just varying degrees of risk and
profit
potential.
----- Original Message -----
From: "John Cappello" <jvc689@xxxxxxx>
To: <Realtraders@xxxxxxxxxxxxxxx>
Cc: <MedianLine@xxxxxxxxxxxxxxxx>
Sent: Wednesday, January 01, 2003 8:49 AM
Subject: [RT] Zero Premium Vertical Diagonal Puts
>
> At one time there was a poster on these lists who was banned for his
> lengthy controversial ridiculing of others. His claim to fame was
> Zero Premium Vertical Diagonal Puts as I later found out. Plus he
was
> always "calmly" making money while all of us were stressed out and
> with closed minds.
>
> He claimed that if the difference were only 2 to 3% the risk of loss
> is low and the probability of gain is high. He also espoused adding
> spreads as the prices changed.This explanation and my investigation
> is by no means comprehensive...
>
> I followed it for 2 months and was not impressed which may not have
> been long enough. Any one else have any experience with these and
> what has your impression been.
>
> They can also be termed zero premium calendar put spreads as I saw
> from the literature. I believe the above unnamed person created his
> own name for this method.
>
> Any ideas,
>
> John
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
>
>
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|