Warrants vs. Options vs. Other Instruments

robots said:

hello,


"But generally the active option player is a trader as opposed to an investor" WayneL

I'm sure the trader/investor is looking for the same thing here - money

looked into condor option spreads on the S&P500 with futures broker but found brokerage too high in Aus and risk too high for payoff

if taking both legs, yes you cannot be down on both

i guess you look for the sideways trend

thers's a few people promoting this technique, indextra and optioneer etc in Melbourne with them linked fairly closely with brokers

been reading about options for several years , looked at books at bookshop but found most info on the internet

just a bit of luck if you had Westfield or other I guess

thankyou
robots

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robots said:

thers's a few people promoting this technique, indextra and optioneer etc in Melbourne with them linked fairly closely with brokers

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wayneL said:

FWIW

Checked these two organisations out. Couldn't get past indextra cause of password protection.

Optioneer was interesting in that the strategy they are promoting is not strictly a condor. The construction IMO adds needless complexity to the payoff diagram and actually decreases profit in the area of highest probability. Unless

Unless there are some defensive considerations I'm not seeing, it looks like a gratuitous effort to look clever to me. \/

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robots said:

looked to me like a condor option spread arrangement, with him continually talking about insurance

traded on S&P500, wanted 10k for "training" and around 120 per month for "data"

thankyou
robots

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RichKid said:

....Emmm, looking at that diagram they should call the strategy 'The Batman'- see the outline? Good one for you Wayne, only comes out at night.

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