by Jay | Apr 11, 2020 | Learn
Options are said to be one of the riskiest investment instruments there are. The truth is, that if you don’t know what you are doing they are the riskiest thing you could do with your money. In the many Facebook groups that I belong to, there are always posts...
by Jay | Dec 20, 2019 | Learn
In option pricing, you have your known information (time to expiration and price of the underlying) and you have your unknown information. You also have intrinsic value (how much money the option will be worth at expiration) and extrinsic value (how much you have to...
by Jay | Nov 26, 2019 | Learn
On 11/25/19, we entered an earnings strangle in BBY, 79 call and the 67 put for the Nov 29th weekly expiration. It had a nice IV rank for the play at 65 and we pulled in $127 credit for the trade. Giving us a break even of $80.27 to the upside. Well the earnings came...
