Aero,
When you say you wrote call verticals on TSRA, I assume you mean that you wrote a credit spread, short APR 40, long APR 40 calls?
With TASR, I assume it's short APR 10, long APR 15 calls, again for a credit? It's funny, but for some reason I'm always more comfortable doing debit spreads, having the debit as my cost going in as soon as the spread is completed.
I don't do strangles and straddles (in fact, whenever I think about them, I have to go to a book or a software program and remind myself of the risk curves). Would you go over which options are involved and what you are betting on in some detail as an educational tour? Also, what broker do you use and what software (Optionetics, OptionVue, iVolatility.com), if any?
TIA,
Kb |
