"Did you always like being short ATMs vs being long the OTMs/wings - long the butterfly at all times?" Yes! 100% of the time. All time frames....
Well at least I am glad to see you learned now how to spell it correctly. With a Z. Funny thing is I happen to be in Brazil (Rio) at the moment....
Technically speaking, passive or aggressive, you are fighting time decay regardless. Just put in a MOC order and flatten on the close. It's...
"OP is in Brasil" Let's answer him in Spanish, and it's spelled with a z.
Why would anyone teach anyone about options if you can't call them horrible politically incorrect names and throw things at their head?
When I thought vol was too low... 9- Load the boat, dynamically hedge daily attempting to make back a little more from gamma than you lose on...
You are wasting your time even replying to him. The dudes everything I would warn people against.
NG - Ahhh... Once upon a time, one of the most fun and dangerous products ever to trade.
It is really quite simple. Unlike most parameters that can go higher or lower, time only goes one way. All other parameters remaining the same. As...
"If you are selling premium in the last 3 days DTE you are actually selling GAMMA - not just premium. GAMMA is the amount of change a tick gives...
"many of you are at pains to imagine situations where I might lose some money. " ??? It's pretty obvious where. The problem appears to be that...
"Mark Fischer" Same as Mark Fisher as MBF clearing? Coaching???????
“Some say IV is mean-reverting,” I’d agree, but means revert too. “Some say high vol begets higher vol and low vol begets lower vol. What do...
"Optons(sic) with 30 days or more to expiration will not suffer any theta in 2 days of holding." Of course they will. At a high volatility it...
Appears a waste of time. Fun from a mental masturbation perspective but unproductive for the means you are seeking. Your methodology apparently...
That last example... One no better than the other. Can explain later but right now I need to drive 6 hours to kennel my dog, so I can travel...
For me, options trading is not about betting. It is about knowing the relationships between those different strikes and different months and how...
I'll stop responding to any of your posts. Problem solved.
Probably, yes. My funniest story is why I got my badge taken away from me on my first day trading. The exchange despised the company I worked...
"I appreciate the sensible responses from a couple of members, but comments like "**Premium Harvesting. = Pass me the popcorn, I know how this...
Separate names with a comma.