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Strategies & Market Trends : Advanced Option Strategies -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (271)1/26/2000 12:28:00 PM
From: tyc:>  Read Replies (1) | Respond to of 355
 
I'm sorry; I am not familiar with the difference between SPX and SPY, and I see that you are using different strike prices for the put and the call. That complicates the calculation for my simple mind.

Clearly, though, this is the type of transaction I find very attractive, providing that when you enter it you recognize that the long underlying position is not cast in stone; you may adjust this portion of the position as you see fit.

Would you please comment on this proviso ?



To: OX who wrote (271)3/2/2000 12:41:00 PM
From: OX  Read Replies (1) | Respond to of 355
 
followup: buy stock, write straddle example

this example trade had a profit of $2350, excluding comm.