Re: [TheOptionClub.com] GS TRADE [was:How do you manage your Vega?]

 

Ricky

It's not a quible, if you cannot buy the box for $20.00 or less, then you simply wouldn't do it, but it doesn't prevent you removing the box mentally, and managing the position in it's most simplified form.

Might be a useful excercise to get a MM quote for the box.

Cheers
James

--- In OptionClub@yahoogroups.com, Ricky Jimenez <rickyjim@...> wrote:
>
> A small quibble here. The 45-65 box's bid/ask is 19.68/20.35. If you
> could get it for $20 then the P/L expiration graph of the simplified
> position would be identical to the one Vikas posted.
>
> On Sat, 01 May 2010 17:36:49 -0000, "JP" <jamesbparker999@...
> wrote:
>
> >Michael
> >
> >Unfortunately, I cannot provide a graph for a couple of days as we have a long weekend here in the UK; but it may be easier to follow if you bought the 145/165 box for $20.00 to simplify the position.
> >
> >This would leave;
> >
> >-1c 165 / +1c 170
> >+1p 130 / +1p 135 / +1p 140 / -2p 145
> >
> >Net Credit $4.89
> >
> >Cheers
> >James
> >
> >
>

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