I liked it. I had a question today which I think you covered. I planned to close my weekly AAPL Bull Put Spread $500/$495 before earnings. The options have just a few days left but the price isn’t going down. Implied volatility was around 80+%. So much for my plan. I can try to close tomorrow or ride out earnings and flip a coin to see if the price ends up above $500.
Second question was with this BPS if the price pegs to $500 (like last Friday), will I be put the stock. How do you get out of the trap? With 10 contacts, you can be “put” 1,000 AAPL shares for $500,000! My insurance $495 PUT expires the same day. If the option maker doesn’t exercise the my long Put on Saturday, then he’s stuck. So…I guess the option maker will exercise my Long Put if If I’m put the stock, but I’m not sure.
A great question… might be worth a quick video on this as it comes up a lot. Yes on a spread, if you are NEAR the money and you don’t want to risk being put the stock on Monday than you’d want to close the position before expiration. That should cover your second question… sorry I didn’t quite catch your first question, feel free to re-state if you’d like.
Awesome video josh. It was nice to get some extra education on this site. Plenty of good trade ideas but little education on this site compared to SMM. I know we’d all love it if you’d keep going with these!
good video
nice video – thanks!
Josh, very helpful & informative. Would love to see more of these types of tutorials – helpful to sync practice with real world !
Very clear! More please.
I liked it. I had a question today which I think you covered. I planned to close my weekly AAPL Bull Put Spread $500/$495 before earnings. The options have just a few days left but the price isn’t going down. Implied volatility was around 80+%. So much for my plan. I can try to close tomorrow or ride out earnings and flip a coin to see if the price ends up above $500.
Second question was with this BPS if the price pegs to $500 (like last Friday), will I be put the stock. How do you get out of the trap? With 10 contacts, you can be “put” 1,000 AAPL shares for $500,000! My insurance $495 PUT expires the same day. If the option maker doesn’t exercise the my long Put on Saturday, then he’s stuck. So…I guess the option maker will exercise my Long Put if If I’m put the stock, but I’m not sure.
A great question… might be worth a quick video on this as it comes up a lot. Yes on a spread, if you are NEAR the money and you don’t want to risk being put the stock on Monday than you’d want to close the position before expiration. That should cover your second question… sorry I didn’t quite catch your first question, feel free to re-state if you’d like.
Great video Josh. More like this would be welcome.
Awesome video josh. It was nice to get some extra education on this site. Plenty of good trade ideas but little education on this site compared to SMM. I know we’d all love it if you’d keep going with these!
Thanks for the feedback it’s very helpful and of course appreciated.
Josh, please talk slower on your next videos. There are some members in OMM that are not that fluent in English….
Thanks
Raf