Butterfly thinks options are intended to be held to maturity and that they are only used for hedging purposes. That should be enough to tell you where he stands...
His name is Larry Tabb, maybe you can learn a bit from real players, not little frauds like you check his linkedin: https://www.linkedin.com/in/larrytabb/ incidentally he just released an audio on Bloomberg about the whole GME thing and RH https://www.bloomberg.com/news/audi...ash-for-cash-is-standard-procedure-tabb-radio
yeah. He says black scholes is wrong. You only value options through out call parity. Why are you so obsessed with GME? do you even have a brain?
You taint--I've seen it. He's the only trader on here with a higher var than mine. Excluding sle, but he's all OPM.
Tabb works for BBG. IIRC he's got a B.Sc and now he's an academic. I wonder what Larry's PNL was in 2020?
Tabb Group is a consulting firm that specialized in the business of capital markets. They were like a McKinsey for big hedgefunds and bank trading divisions. He only quoted Larry Tabb because he needed to find a "Tabb." Imagine Larry Tabb saying you only need put call parity to value options.