InvestorsHub Logo
Followers 39
Posts 2762
Boards Moderated 4
Alias Born 10/30/2009

Re: Lord DarkHelmet post# 2650

Thursday, 09/06/2012 3:27:54 PM

Thursday, September 06, 2012 3:27:54 PM

Post# of 2846
Hey man actually, wasn't being sarcastic. I was legitamitly impressed with the hedge strategy involved with this play. Buying two calls and selling two calls at different strikes to off set losses and maximize profits. I understand the concept but I have trouble factorying in time value. That program you have seems pretty nifty for figuring out maximum profit.


I have no intention of closing out the position now, but when I do how would I be able to close out all three at once? They are showing up in my accout as three separate orders. As you mentioned commissions are my enemy and if I can close out all 3 at once I would save about $30 with the one time commission.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.