Just curious IV, how are you managing decay prior to report? Gamma scalping perhaps?
I can offer my experiences if someone wished to start a new thread.
BWBs are essentially ratio spreads with far tails. Learn the fundamentals of ratio spreading before trying.
Danno, if you mean something like sell AUG 70s buy SEP 65P 75C, that's just the iron variety.
Need to give a lot more info....
Just thought I'd bump this after awhile. I found SBFX4 for FX backtesting and FX data sources. Works pretty good for real time too. However,...
As mo has said, your primary risk is not short gamma, it's long vega. Overall the pos is net +gamma otherwise you'd have a diagonal. If the sold...
It's not over yet. Couple of more names that can move. Check out CKFR after hours. Anyone finding NYSE stocks tend not to gap as much as NASDAQ...
Do a search for synthetic straddle. That's what you got.
Does anyone know of any platform for FX or futures that allows for backtesting? I'm looking more on the FX side but don't mind futures. Data...
Haha, I got what risk's joke. Pretty subtle there.
Thanks for sharing more $$ with me, longs.
Thanks for sharing your money with me guys.
I was watching the same trade. Looks better than going long directional like I did. Then again, GOOG did fall 10 points in the morning then...
Hmm, I should really switch over to not so volatile underlyings. GOOG has killed me 2 expirations in a row going long directional.
It's true on collars for a credit where the call sold covers the TV in the put it is locked in profit no matter where the stock goes, but it...
I don't recommend using options to daytrade. Slippage will kill you. That said, if anything use frontmonth ITM options to minimize other greeks so...
I will echo this sentiment. ICs or short verticals must be extremely carefully monitored if held into expiry. Short gamma can explode in your face...
The ATM straddle as of yesterday prior to earnings was only showing about a ~$2 move. This came out of nowhere.
If you look at DIA or OEX or BBH or some index equivalent, the premiums to the downside don't drop as hard as the premiums to the upside. DIA for...
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