Sure The same applies for being long the common. The same comments could equally apply had you bought those underlying stocks fwiw. Both of...
Maybe you're shorting puts on the wrong stocks? Chasing the big premium means accepting larger implied risk, hence the whackings these stocks...
I have no advice on where to adjust. My point was that the naked put can be adjusted at exactly the same points, and with the same result as a...
They would of course be GC though. Those options are still a pit contract aren't they?
Try ZG for gold options
It seemed you where questioning the correlation between measured historic volatility and IV. If not, my apologies.
HV must certainly have *some correlation to IV. It won't tell us the realized volatility in advance, nothing can, but it certainly gives us a clue...
As above, one looks forward, the other looks backward. But if you're going to look backwards, I think it's helpful to use the same annualized...
db, rcj, Yes But it does go back to Mav's point of trading volatility and/ or direction. ie no inherent edge.
If market makers have an edge, then doesn't that immediately imply that the rest of us DON'T?
Hardee Har Har. May your gamma mysteriously flatline :p
I don't know why there must be this pitched battle between longs and shorts. Why not do both and/or spread? As someone has often stated....
DN, FWIW, maybe you are looking to delta hedge too quickly, before that gamma has developed enough delta for a reasonable profit. I...
Yeah, the planets have to line up right hey. "Don't just stand there, DO something!":p
I haven't found it crucial at all. Nice if it does it that way though. As long as the position manufactures deltas faster than theta eats away...
Carry on the short call? But this only pays for the carry on the long stock.
Same difference, just roll the put from/and to the same strikes.
I think between here and the comments on the blog that the strategy exposed and thoroughly trashed. Time to move on.
BTW the "Wayne" commenting on the blog is not moi.
I'm thinking along the same lines, in which case he certainly is FOS. Each strategy I can think of either doesn't match the "clues" (eg...
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