Since the budget announcement comes soon after the Fed policy meeting on January 31, the market reaction for the next few weeks will be from a combination of the two. Let s understand how traders should position themselves for the budget day.
"In high premium situations, you can use the concept of spreads and sell an out-of-the-money (OTM) option for both the call and put to offset some premium. However, this comes with a capped profit. For instance, in the previous scenario, you can sell a 19450 put for 24.5 and a 19850 call for 57.5, reducing your premium by 82 points. This is known as the Iron Fly strategy. The payoff graph for Iron Fly looks like this:"
Whitewater events, music, foot races, a parade and more – Salida’s signature festival, FIBArk, or First In Boating the Arkansas, will take place June 15-18 for its 75th year.
To the uninitiated, tying flies may seem daunting, but it’s never too early (or late) to start. When your creative juices start to flow, the sky is the limit whether you are tying for freshwater.
The seventh annual Iron Fly Competition is taking place on Feb. 11. Hosted by the Roaring Fork Valley Fly Fishing Club and the Roaring Fork Conservancy, this fun-filled evening begins at 5:30 p.m. with the.