SoftBank could bring down the house?

Re:SoftBank could bring down the house? by yasp on Friday June 07, 2019 @08:42AM (#20123951)

Can't you get options whose expiry is a year or two out (LEAPs), or is the time premium not worth it?

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Re:SoftBank could bring down the house? by soVeryTired on Friday June 07, 2019 @09:51AM (#20124450)

I never traded long-dated options when I was in finance, but anything with longer than a three-month maturity was crazy expensive in terms of the spread you'd pay. These are not liquid instruments.

It's been a while since I've done the maths, but I'm pretty sure it'd be cheaper to buy shorter dated puts and roll them over on expiry. Which would still be very expensive.

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Re:SoftBank could bring down the house? by maxxxxx on Friday June 07, 2019 @12:02PM (#20125924)

I used to do options in the end 90s and back then long term options were crazy expensive. You need a lot of capital for such a strategy.

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Re:SoftBank could bring down the house? by teambayleaf on Monday June 10, 2019 @09:33AM (#20146544)

Did you profit from that strategy?

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Re:SoftBank could bring down the house? by maxxxxx on Monday June 10, 2019 @10:06AM (#20146809)

I lost money. Which would make a successful startup these days :)

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