The thread trades on options 2 is in close relation to Thoughts and Trades on Options. http://www.traderji.com/options/91666-thoughts-trades-options.html#post917766
I wish to analyse thoughts and trades on options because trade on options 2 is a different version of the same technique . And also I didnt have the good fortune nor requisite knowledge then to participate in that thread. Adding here since that is a read only thread and further wish to expound and discuss on that idea.
Going by that technique for november series.
Sell 8000 CE 163 - 50
Sell 8000 PE 80 - 100
Not buying any cover downside or upside (condor) as that would move just like the above leg providing a cover for max loss on both sides and can be visualised.
Why 1:2 for neutrality sake.
I would slowly add as time permits how I percieve the whole idea.
I wish to analyse thoughts and trades on options because trade on options 2 is a different version of the same technique . And also I didnt have the good fortune nor requisite knowledge then to participate in that thread. Adding here since that is a read only thread and further wish to expound and discuss on that idea.
Going by that technique for november series.
Sell 8000 CE 163 - 50
Sell 8000 PE 80 - 100
Not buying any cover downside or upside (condor) as that would move just like the above leg providing a cover for max loss on both sides and can be visualised.
Why 1:2 for neutrality sake.
I would slowly add as time permits how I percieve the whole idea.