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may04 263 straddle. options pricing is a load of shit. if you cant make money plain buying and selling, you will not be able to make money trading more "complex" instruments. it is the options industry that makes money. the options industry was not invented for you to make money. i needed to go 40 points into profit just to breakeven from one of my straddles. options is junk unless you are heavily financed on the inside and selling options.
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