Quote:
Originally Posted by Peter_Spaeth
Downside only exists relative to upside. You guys are not seeing how this man operates.
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You are correct Peter.
I have thrown 3k at a trade that had two days until the option expired. A ticking time bomb. He clearly had asymmetric risk here. It appears more that he has confidence in his work and isn't concerned about getting rendered with the AUTH grade or it staying there.