taowave's Recent Activity

  1. taowave liked tommcginnis's post in the thread The meaning of risk. What does risk mean to you?.

    Reading an Amahrix thread? Time I can never get back. :(

    Sep 20, 2019 at 9:18 PM
  2. taowave liked Baozi's post in the thread question on BSM model.

    It's the Chinese name for the steamed bun..

    Sep 19, 2019 at 4:59 PM
  3. taowave liked stepandfetchit's post in the thread spx margin.

    Paraphrasing the question: Is it possible to play Russian roulette with all chambers loaded?

    Sep 19, 2019 at 4:56 PM
  4. taowave liked Baozi's post in the thread When Selling Options, What Delta & Expiration Date Do YOU Like?.

    If you really have to short, always go for the straddle/narrow strangle where gamma is highest and you are paid for the risk you take,...

    Sep 19, 2019 at 7:35 AM
  5. taowave replied to the thread Cash Secured Puts.

    If you are going to get assigned,its most likely to happen on a deep put after the stock goes ex dividend. There has another scenario...

    Sep 18, 2019 at 9:11 PM
  6. taowave replied to the thread What did you Learn Trading the ES today?.

    I learned that going to the gym miday not only keeps me sane,it saves me thousands of dollars

    Sep 18, 2019 at 8:07 PM
  7. taowave liked ET180's post in the thread When Selling Options, What Delta & Expiration Date Do YOU Like?.

    Derivatives can be less risky than trading the underlying. Depends on how you use them.

    Sep 18, 2019 at 11:47 AM
  8. taowave replied to the thread Bottom Fishing.

    EDIT....I was looking at TLRY 2018 annual PS ratio as opposed to TLRY TTM P/S which is apx 32..Still off the charts,but trending in the...

    Sep 17, 2019 at 7:10 PM
  9. taowave replied to the thread Bottom Fishing.

    I have TLRY on my list,but am having problems digesting the 150 P/S ratio.. What made you pull the trigger here?

    Sep 17, 2019 at 4:36 PM
  10. taowave replied to the thread When Selling Options, What Delta & Expiration Date Do YOU Like?.

    are you planning on "continuously" delta hedging the short vol/gamma,or are you going to stop yourself out at a predetermined limit(good...

    Sep 17, 2019 at 4:06 PM
  11. taowave liked tommcginnis's post in the thread When Selling Options, What Delta & Expiration Date Do YOU Like?.

    Fair enough -- but P(ITM) may be much hotter than you wish to go -- even with defined-risk spreads, and closer to the money shorts. The...

    Sep 17, 2019 at 4:00 PM
  12. taowave replied to the thread Credit Spreads with the Kelly Criterion.

    How wide is your spread,i.e percent of spot?? Your protective wing is "a little further out",but you still have a max loss of 5,000...

    Sep 17, 2019 at 10:56 AM
  13. taowave replied to the thread If Intrinsic Value = Option Price Why Buy OTM?.

    Im using your prices.. The 11 calls are trading at ($0.10),not ($0.02)... Lets just say the spreads trade for even money... I think...

    Sep 16, 2019 at 3:02 PM
  14. taowave replied to the thread If Intrinsic Value = Option Price Why Buy OTM?.

    You have a decent understanding,certainly enough to make yourself dangerous:) Following up on your example,if I forced you to trade the...

    Sep 16, 2019 at 1:22 PM