KO
koolblue
Rep: 48,651
Posts: 16,032
Here we go! Another rough beginning, followed by a strong afternoon?
CH
CharterJoe
Rep: 4,475
Posts: 2,352
30 min stalled @ MA 89 period for the last 4 bars needs to break it soon....or it will fall
BR
BruceM
Rep: 216,211
Posts: 19,895
I'm posting this again so you guys can help me out and I sound like an option wizard to my friend...comment when you have time please.....does this type of skew seem right...
[quote]Originally posted by BruceM
a friend sent me this tonight so I thought I'd ask you folks:
"These are for the November options.
Do you have a clue what the catch is?
Sell 94.00 puts 94.00 SWGWP make +$9.48
Short the SPY at $94
Buy 94 calls 94.00 SWGKP pay -$4.73
Net profit $9.48- $4.73= $4.75
This looks like a risk free trade to me.
What's the catch?"
Thanks
Bruce
[quote]Originally posted by BruceM
a friend sent me this tonight so I thought I'd ask you folks:
"These are for the November options.
Do you have a clue what the catch is?
Sell 94.00 puts 94.00 SWGWP make +$9.48
Short the SPY at $94
Buy 94 calls 94.00 SWGKP pay -$4.73
Net profit $9.48- $4.73= $4.75
This looks like a risk free trade to me.
What's the catch?"
Thanks
Bruce
KO
koolblue
Rep: 48,651
Posts: 16,032
what the heck,im up 2.75, ill sell one at 943.50 wit a stop above 46, i think the bears win(for now)
BR
BruceM
Rep: 216,211
Posts: 19,895
Joe, when you see high a high volume thrust on a one minute can you see with Market Delta whether the buyers or the sellers did more volume and would that information help with the short term direction.... ? when you have time please
BR
BruceM
Rep: 216,211
Posts: 19,895
some comments about Linda raschke...Joe, I forget your specific question...
She went onto the Market Profile bandwagon about 2 -3 years ago
She likes $tick fades in the first 45 minutes....but no latter...she uses $ticks as a momentum indicator
She went onto the Market Profile bandwagon about 2 -3 years ago
She likes $tick fades in the first 45 minutes....but no latter...she uses $ticks as a momentum indicator
BR
BruceM
Rep: 216,211
Posts: 19,895
can you guys tell I'm no longer in a trade..? LOL....sorry about the questions here..hopefully it's not a distraction...
Kool..I just opened my Yahoo email and see your to me...thanks so much for taking the time with that...I'll need to digest that and see if my el-cheapo data get those swings from back then to match it up...
Kool..I just opened my Yahoo email and see your to me...thanks so much for taking the time with that...I'll need to digest that and see if my el-cheapo data get those swings from back then to match it up...