Bobby you are going to be just fine, you have an eye to risk and it sounds like a SHTF plan as well, those are the key things missing from both TT...
To mitigate convexity risk while doing naked strangles, one needs to keep the leverage pretty low. If you buy wings, this negatively impacts...
If you are going to use a lot of leverage, you need wings. Of course by buying wings, it also takes less of a move for you to go to 0 in your...
I love the idea of being negative delta, it (essentially) eliminates crash risk. The problem is you are fighting inflation all the time, now as...
I think Bobby is playing for theta, IVR being high *may* be a bonus as it *could* lead to a subsequent volatility reversion which would then at...
This may be of some interest (I neither endorse nor deny TT methods, but occasionally there are some interesting research notes) :...
The problem here is that one can end up getting really crushed on a meltdown. One-way directional risk of accelerating magnitude can bury you if...
The whole key to this thing is managing losers. This is a huge point of disagreement between myself and Sos. Anyone who has done this long enough...
Well, with portfolio margin on an index you will (note I am not recommending you do) have the ability to sell up to 5 times the value of your cash...
I just use an option calculator but yes. If the underlying drops 20% it isn't the vol number you will be killed on, I mean you could go from a VIX...
You aren't even going to come close to blowing up if you are using 35% of buying power (assuming your effective BP is 5x1 naked short selling...
sle I've only been around since 2000 in terms of trading, so I'm curious if you have seen before then some oddities I have not. If one isn't...
I think there is a soundness to selling premium, just like there is a soundness to selling car insurance. I basically see it as you are trying to...
Day trading and trends don't belong in the same sentence. I merely mention Soros as other people were discussing him earlier in the thread, and I...
Trends exist, people get too focused on just price data and "charts" and such and don't really understand the mechanics. The best trends are where...
Separate names with a comma.