I started a journal very recently and for much the same reasons, but I post every trade - either right after entry/exit or at the end of the day -...
I will have you know I identify as one. None of your perverted homeostasis stuff for me, thank you very much.
STO IWM 190913P144.5 $1.00 STO QQQ 190913P181 $1.25 STO TLT 190913P145 $1.07 BTC TLT 190913P145 $0.97 VIX is still high, and the prices slid off...
Closing several trades today, mostly based on a feeling of wanting to reduce my market exposure and "take another set" based on the current...
"The robots/computers are coming for your job" applies more to some sectors than others. Not that the public would ever notice this one, or think...
If you want the projection of theta for a given strike and expiration - i.e., a plot of what it should look like from a given time t - then your...
BOT GE Oct18 7P, 0.24db This morning, my portfolio delta was ~185; this brought it down to 45-ish. I do like to sell puts, and I am generally...
That post instantly made me think of the classic Fermi Problem: "How many piano tuners are there in Chicago?" Perhaps the OP could use that kind...
Following up on this thought... oh, of course not. 1) Given the settlement mechanics of SPX (really, SPXW; I see no reason I should expose myself...
"Alligator spread"? "Broker's Wet Dream"? Seems like the transaction costs would eat you alive.
I see. Although, given the assumption that you can establish that favorable market conditions exist, selling strangles sounds like an even better...
Ah, OK; appreciate the clarification. Seems I didn't understand your shorthand of "1stdv / 2stdv condor". Quick review of SPY for the expiration...
Rolled the XBI trade out and down for a small credit: [ATTACH] Interesting sidelight: I find my thinking on rolling has been somewhat affected -...
@Jerkstore, I get your premise - selling high IV makes more sense in a low-vol overall market - but why would anybody sell a 1SD IC in high vol...
This point is especially salient. Stops have their uses, including in options where you've defined your "uncle point" - I think of those as...
Wow, I never got that emergency telegram with the all-caps bold red lettering. I must not be one of "us" yet. Sooo jealous... Who was it that...
I really appreciate the feedback. That's a large part of my intent in writing it, and I'm glad to hear it's working. (A bit of programming lore:...
You may have missed the "most basic" qualifier in what I wrote. Please review it; it really is the key to understanding the entire phrase. 1)...
@Baozi - it's always possible to come up with an interpretation that gives the greatest latitude, infinite benefit of the doubt, and adds depth an...
You might want to review the IC I just documented in my journal. It's a little odd - a 0-day, low-delta SPY trade - but still worth looking at for...
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