Delta Neutral Trading - Condors etc.

[nickleeson88888]

Hi Nick,

Not much action on those, WOWRU7 have an open interest of 7.

Try here http://www.morrisonsecurities.com/int_trading.htm for a webiress demo, it's got what you need, look in the options monitor window to get the quotes, course of sales for history, bring up a chart window and punch in WOWIV for an IV chart.

Thanks Cutz. Good site!

 

[mazzatelli]

In current market conditions, does it matter which 2 other Greeks are better to hedge against including delta? that is 3 Greeks in total. For example you should hedge against Rho in the current market if you think interest rates are going to change.
Any suggestions?

Depends the $value of the Greeks involved.
You hedge to isolate your exposure is to vol. If you start to hedging everything, theres no cake to be had