Re: [TheOptionClub.com] OIH BWB

Unless you mean I am showing the Reward but not the risk... in that case
the risk is $414.00 (no comm).  Which happens to be the buying power affect as well.

So max lottery ticket style reward/risk would be $577.11 / $414.00
but it should probably be based on amount risked and the credit I would receive.

$86.00 / $414.00....

actually I am not really sure how I should calculate reward/risk... any one care to elaborate?

Joey 

On July 12, 2009 at 1:56 AM rvd <rvdidit@yahoo.com> wrote:

 

 

OK, I went to the windows viewer and my copy has an exposure feature where I reversed it out and so I can see the P&L graph. Thanks

I have one of these on now as well. The SPY.
My bat ears are a bit bigger and the flat area in the middle is smaller.
My risk to reward ratio is about 1 to 1, what is yours? It seems that you cut off the risk part of the graph so  cant tell.
I may be on the road moving during part of this trade, so that is why I am using these wide time spreads.
I may have to be unable to adjust for a few days or longer.

I like this trade because you put the trade on while the underlying is in the flat part of the graph where profit is low, but the odds of expiring in the same place is very low. The odds are much higher of expiry in the ears.
But then you have the risk of loss area to deal with.

Ross

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From: Joey Huckabee <trading.ocyg@ naguse.com>
To: OptionClub@yahoogro ups.com
Sent: Saturday, July 11, 2009 2:02:18 PM
Subject: Re: [TheOptionClub. com] OIH BWB [1 Attachment]

[Attachment(s) from Joey Huckabee included below]

What I usually do is save the picture to my desktop and then open it with the windows XP graphic viewer.

left-click on the thumbnail to bring up the picture
right-click -> save image as....
double-click on the image to open it is windows picture and fax viewer
click on the zoom button a few times to make the picture fill the 21" monitor

then squint until the blurry numbers become readable :-)

yeah, I guess the resolution on the TOS "take a picture" function is a little low.  So this time I took a picture using the old ctrl-print screen method... hope this one is better.

Joey



 

On July 11, 2009 at 5:56 PM rvd <rvdidit@yahoo. com> wrote:

 

Say everyone.
This seems to have somehow become the normal way to send attachments.
I cannot see any of them at all. I cant read the numbers and all I can see on the graph is the white P&L line.

Is there something I need to know how to best open these up?
I have Yahoo email and Im on the old antique windows XP system version.
My monitor is a viewsonic 21" in good shape.

I tried clicking original version, which did nothing at all.
I dont have photoshop right now, which I could of course increase contrast, lighten,  enlarge the image with fractal and sharpen mask until I squeezed every bit of info out of every bit of pixel in the image, but there must be a better way than that for us to communicate.

R

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From: Joey Huckabee <trading.ocyg@ naguse.com>
To: OptionClub@yahoogro ups.com
Sent: Friday, July 10, 2009 10:46:54 PM
Subject: [TheOptionClub. com] OIH BWB [1 Attachment]

[Attachment(s) from Joey Huckabee included below]

Hey gang,

Just thought I would ask... I was thinking of putting on a BWB on both sides (Calls and Puts)
and wanted to know what everyone thought about doing this or should I stick with an IC.
Is the Lottery ticket on the wings of the IC worth it?

Here is the trade and I attached the a TOS pic as well:

+1 OIH Aug 09 85  PUT
-3 OIH Aug 09 80  PUT
+2 OIH Aug 09 75  PUT  (0.34 Credit)
+1 OIH Aug 09 95  CALL
-3 OIH Aug 09 100 CALL
+2 OIH Aug 09 105 CALL (0.52 Credit)

Thanks,

Joey

Attachment(s) from Joey Huckabee

1 of 1 Photo(s)

2009-07-10-Analyze. png

 

Attachment(s) from Joey Huckabee

1 of 1 Photo(s)

2009-07-10-Analyze. PNG