Become a Great Options Trader
Igor
I can see how you can be hedged with four different positions at different strike prices.
However, do you try and protect yourself against a big drop in the stock market like for example the 22% drop on Black Monday in October 1987, the over 770 point drop in one day on September 2008 or even the flash crash?
Thanks
Thanks Roger and Igor
I don’t see a Sep 4 Weekly, I only see a Sep 2 Weekly.
There is also not 52 days to expiration for a Sep 4 Weekly. Is this the correct order?