Options

see all the blue under the 0, those are losses, that's why.

>>999328
yeah but like i said, according to thinkorswim and this chart the most I would lose on this trade is the cost of commissions, which is like 40 dollars. Yet if i actually let the options expire I would make 880 which is the exact cost to get in the trade. Its so weird

No catch.

Fairly Low Probability of Profit however.
POPs in the 60's usually

https://www.tastytrade.com/tt/shows/strategies-for-ira/episodes/iron-condors-managing-winners-11-02-2015

Also 4 legs in and out so fairly expensive. $28 per trade at typical rates. Can be cut to $22. with a phone call mentioning dough.com.

So you're at $720 max gain - $ 110 commissions w/ $160 risked

It gets a little better if you learn how to invert.

If you like condors you should check out the Double diagonal. Same thing 3/4 the commission.

>>999385
So what's a spread with better probability?

>>999401
I will definitely check that out then.

>>999385
are you martin shkreli?

It's amazing how many different ways of losing money people are able to find.
Get a job, OP, or get a real trading training.

>>999604

>trading training
>real

Pick 1. You probably fell for the Tim Sykes meme and paid $100 to that Jew that runs Big Mike's Trading for webinars that are free if you know what Google is.

>>999409
If you've got a full margin account...
Generally Strangles have better probability, with occasional bad drawdowns. the general setup with 1 SD is 70+.
Better with proper management.

Check out all the different strategies on Dough.com to see the standard deviation graphs.

Naked 1 SD puts have 70% POP,

Jade lizards have high pop w/ no upside risk.

Your strategy depends on your assumptions, about direction but. but most are better than 50/50 stock bets.

>>999799

Around about straddles. What are their POP?

>>999800
Straddles. quite low. 52% to 40%