Yowster 5,769 Report post Posted October 31, 2021 @Alex London To add to Kims comment, delta positive doesn't mean stock price movement - it indicates direction. Delta positive means the trade benefits from increasing stock price and delta negative means it benefits from falling stock price. Share this post Link to post Share on other sites
Alex_london 13 Report post Posted November 1, 2021 Thanks @kim and @Yowster. So in case of a short straddle (chart below) the way to interpret the bottom metrics is, as I move to the left (price decreases) delta is negative (red) indicating that the trade would benefit if the stock price was to increase (move to the right, back to the area of profit) and on the other end if the price increases to much the positive blue delta indicates that the trade would benefit if the stock price was to fall (move to the left, back to the area of profit). Is this correct? Should I give any weight to the fact that volatility (vega) is basically immaterial at the further out points (left and right)? If you don't mind, would it be possible to know what you look at in ONE? What I mean is, what metrics/indicators, analysis you do in ONE to help you to make trading decisions? Share this post Link to post Share on other sites
Kim 6,449 Report post Posted November 1, 2021 Short straddle is the opposite of the long straddle as you can see on the P/L chart. Stock price decreases = delta increases = trade benefits from the stock increasing back to the strike. Stock price increases = delta decreases = trade benefits from the stock decreasing back to the strike. I'm usually looking at the P/L chart to see the impact of the stock movement on the profitability at different points in time. Share this post Link to post Share on other sites
Kim 6,449 Report post Posted 8 hours ago Does anyone else have issues with ONE? It seems missing Jan21 options chain for all symbols. Share this post Link to post Share on other sites
CJ912 108 Report post Posted 8 hours ago 2 minutes ago, Kim said: Does anyone else have issues with ONE? It seems missing Jan21 options chain for all symbols. I can see Jan 21 option chains Share this post Link to post Share on other sites
project 23 Report post Posted 8 hours ago 3 minutes ago, Kim said: Does anyone else have issues with ONE? It seems missing Jan21 options chain for all symbols. same issue. Missing a lot of expires. I'm in touch with support Share this post Link to post Share on other sites
CJ912 108 Report post Posted 8 hours ago I just jinxed it, shouldn't have written anything, I'm having issues now as well. Numbers that are off or missing, jsut as an example One sees a 175.8SD move for GOOG Share this post Link to post Share on other sites
project 23 Report post Posted 7 hours ago 21 minutes ago, project said: same issue. Missing a lot of expires. I'm in touch with support ONE found the issue. If you restart now all o.k again. 2 tbtf and Kim reacted to this Share this post Link to post Share on other sites
