Monday, March 1, 2010

Re: [TheOptionClub.com] Why Did I Lose $$$?

 

On Mon, 01 Mar 2010 04:49:55 -0000, "RobertH"
<robhansen5252@hotmail.com> wrote:

>This should have been a slam dunk. From what I see, I should have let the short Feb 65 call expire worthless while the March 65 call shot up from 0.60 to close the week at 0.72. (Didn't know that in advance, though). But I didn't think anyone holds calendars all the way to expiration.
>Anyone with calendar experience care to take a look at this one. I am obsessed with calendars and need some tips.

What's wrong with holding them to expiration? The worst you can end
up with is long calls and short stock. You have a whole month to turn
that position into a profit. By the way, there is no single P/L graph
for any sort of time spread, unlike the situation where all option
legs expire in the same month.

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