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I never thought to also short the opposite one as well as the OW, damn. {nm}

Posted by: strange (a.k.a Exogen) on Nov 05, 11:29 in response to Baron_Darcon's post Do you buy a Put option or Short it an opening weekend of...

Do you buy a Put option or Short it an opening weekend of a movie? Baron_Darcon Nov 04, 10:01

Yes. Buy the put, short the call, and short the OW if you believe it will bomb & not make its OW {nm} FranklynStreet Nov 04, 11:06

Yes, if you are referring to it's strike price. Also, shorting Call if you think any openers would not reach it's strike price. {nm} DiNar0 Nov 04, 11:07

Thanks, that's what I thought. {nm} Baron_Darcon Nov 04, 11:09

I never thought to also short the opposite one as well as the OW, damn. strange Nov 05, 11:29

It is much riskier to short a PUT or CALL deriviative. If it goes big the other way you can lose a LOT more than what you invested. {nm} DTravel Nov 05, 12:43

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