Thanks. I realize that about the IV. I am not expecting to have these returns every year.
After another great year (+50%), I am really starting to feel that I might not be just lucky... And I feel the urge to brag about it. I navigated...
I think he has this Universa fund that every time there is a crash makes a killing (If I recall this guy Spitznagel was on CNBC last February)
Interesting... What exact expiration would you suggest for the leap? Also, weekly 3% OTM, wouldn't that be close to 0? Maybe sell monthly?
I think it is more a psychology issue. I loved the feeling that I could make money in any case, unless a serious drop occurred. Also, up until...
Looking into my results more seriously, I now realize that I could have made the same profit just buying the ES future in the beginning of the...
Up until now, I rolled over once the ratio overall delta/liquidation value reached a specific number. With this rule in place, I never had options...
It is funny how easily you get pissed, because I didn't disagree that 6 lots were too much. I just don't buy the idea you are going to get...
Your welcome. Thank you for reminding me that the market maker has an edge
ok. All the curses and the jealousy paid off... (joking) I am down 3k today and I am scaling back significantly...
Probably...You overpay by 0.25, but the fair value is overvalued 10 times that due to skewness
The closest ES has ever been to my shorted put is something like 120 points. I don't allow things to turn that bad, as in the case with the scary...
ES was 2400 when I sold 8 I think. So 2400*0.14(delta)*8(lots)*50=134.400. Not that much if you calculate it this way...
Last December was a struggle but I did pretty good (-23%). I roll over to reduce my delta exposure once vol goes mad and ES drops. It is not as...
I said 10-14 delta. Here are all the trades, that's better than the previous one
Predictably, there are many who doubt the story. I didn't start this thread to brag, just to ask for tips. Here we are. As you can see almost all...
7-8 contracts. The vol was quite high. Now, I cant short more than 6, even with much higher capital
Started with 49 ended with 86.7k. As I said in the first message I sell 10-14 delta puts and roll the position to maintain a minimum overall delta...
Do they have historical data on Greeks? Can I test a specific delta put/call and see what happened to its price after a specific period?
No I wasn't looking for corroboration. My thinking was as follows... I know tail risk in ES puts is overpriced, so I have an edge selling. People...
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