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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.

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