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Showing content with the highest reputation on 10/23/2012 in all areas

  1. 1 point
    I agree -- but when you are looking to hold the strangle and sell slightly OTM calls against it, you have to have a high delta or theta will destroy you. Your suggested model is slightly different, but as I've thought about it today, and just did XYZ generic theory trades on paper, it seems like it will play out well -- I'll do a whole separate posting for it, and not on this thread, so we can research each independently.
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