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Fossil-Fuel

09/06/12 3:27 PM

#2651 RE: Lord DarkHelmet #2650

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.