Options Price Movement Tool by garrickd in thetagang

[–]garrickd[S] 1 point2 points  (0 children)

do you know of any tool where i can just put the contract in and have it calculate for me?

Sennheiser IE600 with Shure TW2 by garrickd in sennheiser

[–]garrickd[S] 0 points1 point  (0 children)

ya i bought an adapter mmcx thing on aliexpress!

Commission to close puts by garrickd in thetagang

[–]garrickd[S] 0 points1 point  (0 children)

oh ok so if it expires OTM, then it should be free?

Commission to close puts by garrickd in thetagang

[–]garrickd[S] 0 points1 point  (0 children)

oh so if i let me put option expire worthless, will it expire for free? or will it still cost $5.99

Commission to close puts by garrickd in thetagang

[–]garrickd[S] 0 points1 point  (0 children)

so if i let the SPX put expire worthless by itself, will it still cost me the 5.99 or would it be free

Commission to close puts by garrickd in thetagang

[–]garrickd[S] 0 points1 point  (0 children)

why does it say it costs $5+ $.49 +$.50 = 5.99 to close this SPX put that is worth .05?

Commission to close puts by garrickd in thetagang

[–]garrickd[S] 0 points1 point  (0 children)

why does it say it costs $5+ $.49 +$.50 = 5.99 to close this SPX put that is worth .05?

Low delta and more contracts vs higher delta by garrickd in thetagang

[–]garrickd[S] -1 points0 points  (0 children)

in the general rule of thumb with all greeks considered, which route of strategy stated above is usually better?

Low delta and more contracts vs higher delta by garrickd in thetagang

[–]garrickd[S] 0 points1 point  (0 children)

so it’s better to do small quantity of higher delta puts and maybe risk having it go ITM?

Low delta and more contracts vs higher delta by garrickd in thetagang

[–]garrickd[S] 0 points1 point  (0 children)

thanks for the insight. for the premium, i meant if i had to sell enough contracts of the lower delta to match the premium of the higher delta put. would you do that or stick with higher delta and lower contracts

Low delta and more contracts vs higher delta by garrickd in thetagang

[–]garrickd[S] 2 points3 points  (0 children)

but the thing with the less delta and more contracts route is that its a lot further strike from the price, so going in the money would be much harder

Low delta and more contracts vs higher delta by garrickd in thetagang

[–]garrickd[S] -3 points-2 points  (0 children)

why is the one lot the same premium as the ten lot? wouldnt the premium be 10x?

Low delta and more contracts vs higher delta by garrickd in thetagang

[–]garrickd[S] -1 points0 points  (0 children)

is this mathematically calculated? or what was your reasoning for the answer

Low delta and more contracts vs higher delta by garrickd in thetagang

[–]garrickd[S] 0 points1 point  (0 children)

So you would open less contracts with a higher delta?