If buying a strangle, would you put bias into it? Meaning maybe if your a bit bullish moreso you'd buy more call contracts per puts.. and vice versa?
Can I join this group chat?
What does the "F" stand for in "ATMF"?
Thank you for sharing your thoughts, your last comment humbled me. 14 years, thats amazing. I'm just curious, was it 14 years trading the same...
Best post so far, totally agree.
I'm amazed. How do these guys get away with such nonsensical rubbish? Oh, right.. re-read thread title smh.
"Hi, I'm Jeff Bishop and I am THEE WORLDS NUMBER ONE BEST OPTION MONEY TRADER, nobody shows you there trades in real-time like me."
@ironchef basically named all the good books (Most are from Taleb) Dynamic Hedging by Taleb is a bit advanced, but it doesnt hurt to advance your...
LMAO, the part where hes smoking a cigar on his laptop on a hammock and pumps his fist in slow mo... I'm subscribing man, this dude knows how to...
How did you determine the body to be the 125 strike?
@TheBigShort Can you expound how you use jump vol with the implied market move? Do you look at a metric for every potential earnings trade?...
I also own a copy of "Dynamic Hedging" by Nassim Taleb. The majority of the info is in a foreign language to me, but the more I read the more...
Totally agree. This is why re-structuring trades hasn't worked for me at least. I'll roll a position only if the premium hasn't kicked in and my...
Thank you for this post, I agree with a lot of it. I totally agree that you need to use stat vol as a metric when trading IV. A trader I know...
I was reading one of @atticus old journals and his method was day-trading fly's... he would enter/exit within a day or two at most it seemed. It...
I personally met Al Sherbin at the CBOE, we had lunch and talked trading. I have a copy of his book and its one of the best option books ive read...
Thank you for your thoughts. I don't think trading necessarily "deserves" a good rep, but these type of guys really give it a worse off image. I...
Can you expound on this please? Bound meaning "range-bound"? For ex, IV can be 5% or even 150%, but looking at the IV over a certain period of...
Great post, So we know the underlying has a distribution. Each instrument's distribution is dependent on its nature. Walmart's price distribution...
Couldn't agree more with this post, spot on. A great vol trader named Chris Cole once said "low vol begets lower vol, and high vol begets higher...
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